When most people think of the homes in Hollywood they imagine the million dollar estates that many celebrities own. While those are all over the Hills, there are also many homes for the average buyer. You could be a snowbird escaping the winter months in Mississauga Canada real estate or a young professional making your way in one of America's largest cities. Here in some information about Hollywood real estate.

Homes in Hollywood are usually seen as a more long-term investment than in many other neighbourhoods. This means that there are not as many homes on the market as you might find in neighboring Long Beach or Oxnard. There are currently about 90 homes on the market and the average listing price of these properties is just under $500,000. Winter is a good time to buy in Hollywood, as prices can rise to an average of over $800,000 as spring approaches. If you're planning a real estate scouting trip from as far away as Waterloo Ontario homes than you may want to do it just after the winter holiday season to catch the best deals.

When looking at the breakdown of average home prices based on size it is much easier to see the diversity in real estate in Hollywood. The average price for a one-bedroom home is around $350,000 and a two-bedroom property will usually go for closer to $550,000. While these prices are well above what you will find with Toronto real estate listings, for example, they are still reasonable for the Los Angeles area.

It is when you get into the larger home designs that you start seeing home prices starting at seven figures. A three-bedroom home is averaged at $1.1 million and of course the prices just go up from there. The people moving to these Hollywood homes are coming from other swanky zip codes like 18 Yorkville.

The more popular neighborhood in the area is also the most famous. Based on recent home sales, people are looking to have 90210 at the end of their address. Hollywood includes the areas of West Hollywood, North Hollywood and the Hollywood Hills. The Hollywood Hills is where you will find most of the celebrity estates, as it has one of the best viewpoints in the city. It is also close to Griffith Park and Runyon Canyon Park.

Homes come in a variety of styles in Hollywood. You might like the Spanish architectural influence of many of the properties or could go for something more standard that you would see from Florida through to Bayview Eglinton. There are also many condo complexes in this area, with prices ranging from around $500,000 into the millions. If you're planning to buy a home in Los Angeles than you definitely will want to check out Hollywood.