The Hollywood housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in Hollywood currently stands at $215,000. With 3.0 months of supply, Hollywood's inventory levels remain relatively tight. Homes are taking about 308 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Hollywood market with the affordability index at 1028.7. Based on current market indicators, home prices in Hollywood are projected to decrease by approximately 7.3% over the next month.