Hollywood Riviera luxury homes

See the Hollywood Riviera Homes that Sold in October 2021

October real estate in the Hollywood riviera

October was yet another great month for real estate in the Hollywood Riviera with 17 on market property sales closing during the month.  The average “list” price was $1,552,294 with the average “sold” price at $1,606,218 meaning that homes generally sold higher than the asking price.  Median days on market was a very short 11 before going into escrow and the average price per foot was $840.

See how this compares with other months on our Hollywood Riviera California real estate statistics and trends page.  The highest priced home sale of the month was a single family Spanish style with a hacienda feel and just under 3,000 feet that sold at $2,301,000 located at 353 Calle Mayor.

Hollywood Riviera homes

October 2021 Home Sales and Prices in the Hollywood Riviera

Type AddressPrice$ Per FootBed/BathSq FeetYearSold Date
CONDO/A649Paseo De La Playa #207$1,050,000$765.312/1,1,0,01372/A1962/ASR10/15/2021
SFR/D368Paseo De Gracia$1,290,000$890.273/2,0,0,01449/A1954/ASR10/19/2021
CONDO/A201Calle Miramar #9$1,405,000$1,100.232/2,0,0,01277/A1962/ASR10/6/2021
SFR/D328Avenida Atezada$1,685,000$745.254/1,3,0,02261/A1952/ASR10/13/2021
SFR/D836Calle De Arboles$1,715,000$1,206.903/2,0,0,01421/E1948/ASR10/22/2021
SFR/D213Vista Del Parque$1,798,000$902.163/2,0,1,01993/A1956/ASR10/14/2021
SFR/D444Via Los Miradores$2,025,000$1,007.463/1,1,1,02010/A1955/ASR10/20/2021
SFR/D353Calle Mayor$2,301,000$780.003/1,1,1,02950/A1932/ASR10/12/2021
SFR/D5402Calle Mayor$1,275,000$1,038.273/1,0,1,01228/A1954/ASR10/8/2021
SFR/D5422Riviera WAY$1,417,700$619.905/2,0,1,02287/A1954/ASR10/25/2021
SFR/D24704Via Valmonte$1,460,000$818.393/1,1,0,01784/A1964/ASR10/22/2021
SFR/D4234Mesa ST$1,465,000$700.293/3,0,0,02092/A1969/ASR10/7/2021
SFR/D4301Paseo De Las Tortugas$1,549,000$573.705/2,1,0,02700/E1956/ASR10/22/2021
SFR/A4532Newton ST$1,625,000$560.344/2,1,1,02900/E1954/ASR10/18/2021
SFR/D421Via Colusa$1,645,000$1,031.353/2,0,0,01595/A1955/PUB10/8/2021
SFR/D4021Mesa ST$1,750,000$951.093/1,1,1,01840/A1970/PUB10/25/2021
SFR/D4910Via El Sereno$1,850,000$599.685/3,0,0,03085/T1956/ASR10/14/2021

See the Hollywood Riviera Homes that Sold in November

Take a look at the homes and properties that sold in the Hollywood Riviera during the month of November.

See also the current homes for sale in the Hollywood Riviera.

November 2020 Home Sales and Prices

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
TWNHS/A 448 Palos Verdes Blvd $985,000 $619.11 3/1,1,1,0 1591/A 1978/ASR 10/7/2020
CONDO/A 213 Calle Mayor $1,050,000 $574.71 3/1,1,1,0 1827/A 1978/ASR 10/7/2020
SFR/D 329 Avenida Atezada $1,500,000 $1,053.37 3/2,0,1,0 1424/T 1952/ASR 10/1/2020
SFR/D 136 Via Los Miradores $1,889,000 $623.02 4/3,0,0,0 3032/A 1998/ASR 10/27/2020
SFR/D 503 Camino De Encanto $2,285,000 $1,099.09 4/1,2,0,0 2079/A 1955/ASR 10/5/2020
SFR/D 121 Via Alameda $2,750,000 $690.61 6/7,0,0,0 3982/A 2008/ASR 10/23/2020
SFR/D 24660 Via Valmonte $1,500,000 $435.41 5/2,1,1,0 3445/A 1971/ASR 10/23/2020
Hollywood Riviera real estate trends

Big Jump in Pending Home Sales

While “closed” home sales are still quite low, June saw the highest number of pending home sales since June of 2017.  There were only 6 home sales but 18 homes went into escrow.

View the current homes for sale in the Hollywood Riviera

For Sale vs. Sold vs. Pended

About the For Sale vs. Sold Report

  • For Sale numbers are the snapshot of the number of property for sale at the end of the month.
  • Pended numbers represent the number of properties that went into the “pending” status for that month.
  • New Listing numbers represent the number of properties that are new listed for that month.
  • Sold numbers represent the number of properties that are sold for that month.

What Does For Sale vs. Sold Report Do?

  • It helps determine the trend of market supply and demand.
  • It helps determine whether the current market is a seller or buyer market.
  • It helps determine the minimum length of the listing period.
  • It helps identify which price range the majority of the properties are in, within a given area.
  • It helps focus on where the buyer’s activities are and the market condition in those areas.

How to Use For Sale vs. Sold Report?

  • Use with Average Price Per Sqft Report to set competitive listing price.
  • Use current inventory level to determine market condition. The current inventory level is derived by dividing the monthly listing number by the monthly sold number which is shown in Months of Inventory graph. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer’s market.
  • A downward trend of listing inventory and an upward trend of the number of properties sold indicates the seller is in a better negotiating position.
  • An upward trend of listing inventory and a downward trend of the number of properties sold indicates the buyer is in a better negotiating position.

You Should Know

  • The properties sold figures are derived from recorded transactions.
  • Current monthly sold figures might be adjusted upward on the next month’s report. This is to account for any closed transactions that are reported late.

Where Has All the Housing in the Hollywood Riviera Gone?

When people ask me how the market is these days I certainly tell them it’s good….just not necessarily if you’re a buyer.  Real estate, like just about any other market, is a matter of supply and demand.  There’s no question that the demand is there, but it is a big question why the supply is so low.  Take a look at the chart below to see just how few homes are actively for sale in the Hollywood Riviera (light green bar) while the number of sold homes and pending sales bounce back and forth but overall have remained pretty steady.

 

The chart above shows the number of active listings, homes in escrow and sold homes for each month in the Hollywood Riviera.

The chart above shows the average price per foot of homes in the area. While this can be a helpful statistic it’s not always as relevant in an area such as the Hollywood Riviera in which homes can differ so greatly in terms of upgrades, views, age, etc.

The chart above shows the average days on market as well as the % of how close homes are selling to their original list price.

The chart above shows the average list prices of the homes as well as the average selling prices of the homes.

The chart above shows the months of inventory on the market or how long it would take to sell all of the homes. The higher the number the more of a buyers market it tends to be.

Hollywood Riviera luxury homes

July 2018 Home Sales in the Hollywood Riviera

There were 9 home sales in the Hollywood Riviera in July 2018.  The median listHollywood Riviera luxury homes price of the homes was $1,179,000 with a median price sales price of $1,200,000.  With the median price of sold homes higher than the median list price this indicates a very strong and continuing “sellers” market.  Click here to see the current homes for sale in the Hollywood Riviera.

421 Calle De Aragon

Single Family Residence
List / Sold:
$2,489,000 / $2,462,000
47 days on the market • Sold On 07/12/2018
5 beds, 4 baths • 3,079 sqft • 6,811 sqft lot • $799.61/sqft • Built in 2017

409 Calle Mayor

Closed • Single Family Residence
List / Sold:
$2,199,000 / $2,175,000
34 days on the market • Sold On 07/24/2018
3 beds, 3 baths • 2,927 sqft • 7,366 sqft lot • $743.08/sqft • Built in 2001

404 Via Linda Vista

Single Family Residence
List / Sold:
$1,399,000 / $1,379,000
10 days on the market • Sold On 07/10/2018
3 beds, 2 baths • 1,542 sqft • 7,115 sqft lot • $894.29/sqft • Built in 1954

111 Via Sego

Single Family Residence
List / Sold:
$1,350,000 / $1,268,900
35 days on the market • Sold On 07/19/2018
3 beds, 2 baths • 1,822 sqft • 5,825 sqft lot • $696.43/sqft • Built in 1954

4509 Highgrove Av

Single Family Residence
List / Sold:
$1,179,000 / $1,200,000
8 days on the market • Sold On 07/18/2018
3 beds, 3 baths • 1,757 sqft • 5,500 sqft lot • $682.98/sqft • Built in 1953

5302 Paseo De Pablo

Single Family Residence
List / Sold:
$1,095,000 / $1,060,000
71 days on the market • Sold On 07/17/2018
3 beds, 2 baths • 1,603 sqft • 5,765 sqft lot • $661.26/sqft • Built in 1956

4733 Greenmeadows Av

Single Family Residence
List / Sold:
$919,000 / $965,000
9 days on the market • Sold On 07/11/2018
5 beds, 3 baths • 2,053 sqft • 5,804 sqft lot • $470.04/sqft • Built in 1953

4008 Mesa St

Single Family Residence
List / Sold:
$899,000 / $850,000
12 days on the market • Sold On 07/24/2018
3 beds, 3 baths • 1,630 sqft • 6,356 sqft lot • $521.47/sqft • Built in 1972

163 Paseo De La Concha# 3

Condominium
List / Sold:
$790,000 / $738,000
42 days on the market • Sold On 07/17/2018
2 beds, 2 baths • 1,129 sqft • 16,573 sqft lot • $653.68/sqft • Built in 1960

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Keith Kyle

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Homes in Hollywood Riviera. All rights reserved. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. **This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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