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The Real Deal Los Angeles

Submarket Snapshot: Condos in Hollywood in Q1 2016

Sale prices took a dip from previous quarter
A room in a condo unit at 1645 Vine Street, listed by the Agency

A room in a condo unit at 1645 Vine Street, listed by the Agency

In Hollywood, 20 condo units sold for more than $500,000 in the first quarter, according to a report by the Agency. Sales volume was flat from the previous quarter.

The units sold for an average of $676,731, down from $754,550 in the previous quarter. They traded for an average of $510 a square foot, down from $532.

As of April 2016, 23 condos were listed in Hollywood for an average of $825,065 and $621 a square foot.