The Hollywood Hills market pulled back with a 10.2% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 55.6 monthly average with 53 homes sold. Within the same time frame, the Mid Wilshire neighborhood had 64 sales, the most of all neighborhoods in the area. Potential buyers should note that prices went up in Hollywood Hills, with the median for this period rising from $1,385,000 to $1,475,000. Hollywood Hills is a definite buyer's market, thanks to a big seven months of inventory to choose from and a pullback in sales.
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