Submarket Snapshot: Homes in Hollywood in Q1 2016

Los Angeles /
Jun.June 08, 2016 05:00 PM

There were seven homes in Hollywood proper that sold for more than $1 million in the first quarter of the year, up from four sales in the fourth quarter of 2015, according to a report by the Agency.

The luxury residences traded for an average of $1.7 million, up from $1.6 million the previous quarter. They sold for an average of $659 a square foot, down from $746.

The properties sold at an average of 2.1 percent above listing price.

As of April 2016, there were five properties listed in the non-hills part of Hollywood, for an average of $1.4 million and $796 a square foot.

 

Related Articles

arrow_forward_ios
Victor Coleman and a rendering of the project (Credit: Gensler via Urbanize)

Hudson Pacific wins key approval for 500K sf Hollywood studio expansion

Hudson Pacific wins key approval for 500K sf Hollywood studio expansion
A rendering of the project (Credit: Yorkwood, LLC)

Developer plans 137-unit complex in Hollywood

Developer plans 137-unit complex in Hollywood
Gaw Capital Chairman Goodwin Gaw and DJM founder John Miller with a rendering of the project

An analysis of rent rolls at Hollywood & Highland

An analysis of rent rolls at Hollywood & Highland
Bob Iger, Reed Hastings and (clockwise from top left) Sunset Las Palmas, Sunset Bronson and Sunset Gower Studios (Getty, Google Maps)

Here’s what Netflix, Disney and CBS pay at their Hollywood digs

Here’s what Netflix, Disney and CBS pay at their Hollywood digs
Bernard Huberman and Hollywood’s Television Center (BLT, Television Center)

BLT Enterprises buys Hollywood’s Television Center for $64M

BLT Enterprises buys Hollywood’s Television Center for $64M
Photo illustration of Hudson Pacific Properties CEO Victor Coleman and Blackstone Group President Jonathan Gray (Coleman by Rich Polk/Getty; Gray by Drew Angerer/Getty; Top Gun by Paramount Pictures/Sunset Boulevard/Corbis/Getty)

Inside Hudson Pacific and Blackstone’s field of streams

Inside Hudson Pacific and Blackstone’s field of streams
Phillip Aarons and a rendering of the project (Credit: Patrick McMullan via Getty Images)

Earth shaking news: Hollywood Center megaproject on active fault line

Earth shaking news: Hollywood Center megaproject on active fault line
6725 West Sunset Boulevard in Hollywood and Vanbarton Group's Richard Coles (Credit: Google Maps)

Vanbarton’s Sunset Boulevard office complex goes to special servicing

Vanbarton’s Sunset Boulevard office complex goes to special servicing
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...