Hollywood home prices fall in March 2018

Hollywood home prices fall in March 2018
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The median sale price of a home sold in March 2018 in Hollywood fell by $52,000 while total sales increased by 200%, according to BlockShopper.com.

In March 2018, there were nine homes sold, with a median sale price of $240,000 – a 17.8% decrease over the $292,000 median sale price for the same period of the previous year. There were three homes sold in Hollywood in March 2017.

The median sales tax in Hollywood for the most recent year with available data, 2015, was $1,113, approximately 0.5% of the median home sale price for March 2018.

The following table compares Hollywood to other Charleston County cities with similar median sales prices in March 2018:

City Mar. 2018 Home Sales Mar. 2017 Home Sales % change (Total Home Sales) Mar. 2018 Median Sales Price Mar. 2017 Median Sales Price % change (Median Sales Price)
Charleston 231 227 1.8% $280,000 $278,000 0.7%
James Island 24 23 4.3% $280,000 $305,000 -8.2%
Drayton 3 1 200% $278,000 $245,000 13.5%
Seabrook Island 13 14 -7.1% $270,000 $366,125 -26.3%
Riverland Terrace 1 2 -50% $265,000 $265,750 -0.3%
Hollywood 9 3 200% $240,000 $292,000 -17.8%
Ponderosa 2 3 -33.3% $226,000 $115,500 95.7%
Ravenel 3 3 0% $210,000 $195,000 7.7%
Landsdowne 1 3 -66.7% $200,000 $245,000 -18.4%
Summerville 4 6 -33.3% $199,450 $187,250 6.5%
Chesterfield 1 1 0% $190,000 $240,000 -20.8%


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