If you're considering buying or selling a single-family home in the 91601 zip code of North Hollywood, CA, you're in the right place. I'm Kenny, a Realtor with Johnhart Real Estate, and I'm here to provide you with the latest real estate market statistics for September 2023. Understanding these numbers is crucial for making informed decisions in the North Hollywood housing market.

  Active Homes:

In September 2023, there were 28 single-family homes available on the market. This indicates a stable supply of housing options for prospective buyers. With 28 active listings, buyers have a variety of choices, which can lead to competitive pricing.

Price per Sq Ft:

The price per square foot is a vital metric for evaluating the affordability of homes in a specific area. In the 91601 zip code, the price per square foot for single-family homes was $670 in September 2023. Knowing this figure can help both buyers and sellers assess the value of their properties.

Average Time on the Market:

For sellers, the average time a home spends on the market is a critical statistic. In September, the average time on the market for homes in North Hollywood 91601 was 41 days. This relatively short period indicates that homes are selling at a reasonable pace in the area, which can be encouraging for sellers.

Median List Price:

The median list price in September 2023 for single-family homes in the 91601 zip code was $1,247,450. This figure represents the midpoint of all the list prices and can give you a sense of the general price range in the area.

Sale Price Median:

The median sale price is equally important for both buyers and sellers. In September, the median sale price for single-family homes in North Hollywood 91601 was $1,126,645. This number is particularly valuable for sellers as it helps set realistic expectations for the final sale price of their homes.

Homes Sold:

In September 2023, a total of 8 single-family homes were sold in the 91601 zip code. This statistic illustrates the level of demand and market activity during the month. It's an essential indicator for understanding how dynamic the market is.

As a local Realtor, my goal is to keep you informed about the North Hollywood real estate market. The September 2023 statistics indicate a market with a reasonable supply of homes, relatively short time on the market, and solid sales activity. Whether you're looking to buy or sell, these insights can guide your decisions and help you navigate the local real estate market with confidence. If you have any questions or need assistance with your real estate needs in North Hollywood, feel free to reach out to me.

👨‍💼Kenneth Linares

🏢JohnHart Real Estate

☎️ (310) 299-6808

📧 kenneth@jhagents.com