Hollywood home prices rise in the third quarter of 2017

Hollywood home prices rise in the third quarter of 2017
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The median sale price of a home sold in the third quarter of 2017 in Hollywood rose by $136,250 while total sales decreased by 43.8%, according to BlockShopper.com.

From July through September of 2017, there were nine homes sold, with a median sale price of $390,000 – a 53.7% increase over the $253,750 median sale price for the same period of the previous year. There were 16 homes sold in Hollywood in the third quarter of 2016.

The median sales tax in Hollywood for the most recent year with available data, 2015, was $1,113, approximately 0.3% of the median home sale price for the third quarter of 2017.

The following table compares Hollywood to other Charleston County cities with similar median sales prices in the third quarter of 2017:

City July – Sept. 2017 Home Sales July – Sept. 2016 Home Sales % change (Total Home Sales) July – Sept. 2017 Median Sales Price July – Sept. 2016 Median Sales Price % change (Median Sales Price)
Meggett 4 7 -42.9% $520,750 $400,000 30.2%
McClellanville 5 13 -61.5% $445,000 $263,421 68.9%
Seabrook Island 38 37 2.7% $442,000 $375,000 17.9%
Mount Pleasant 422 601 -29.8% $419,875 $369,500 13.6%
Ashley Forest 3 3 0% $395,000 $343,000 15.2%
Hollywood 9 16 -43.8% $390,000 $253,750 53.7%
Whitehall Terrace 1 2 -50% $355,000 $392,250 -9.5%
Riverland Terrace 3 8 -62.5% $349,900 $402,500 -13.1%
Awendaw 3 7 -57.1% $310,000 $575,000 -46.1%
Landsdowne 2 3 -33.3% $299,500 $305,000 -1.8%
James Island 35 67 -47.8% $284,000 $275,000 3.3%


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