Hollywood Housing Report for May '10

Nestled into the mid-northeast section of town, Hollywoodis always fascinating to watch.B With 19B active listingsB B and 5 closed transactions, they peaked at a five month climb in absorption rates to 26.3% the highest of all these neighborhoods so far this month.B Average sales price was $452k with median prices meeting the 50th percentile at $449k and the 25th percentile on it’s own at $420k. Pretty tight in pricing looks like.B Sellers and buyers liked what they say as the homes that closed did so at -2.7% under the most recent list price.B That’s pretty close!

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