October 2021: Hollywood experienced a 31.9% drop in median home prices

October 2021: Hollywood experienced a 31.9% drop in median home prices
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The median sale price of a home sold in October 2021 in Hollywood fell by $182,500 while total sales decreased by 16.7%, according to BlockShopper.com.

In October 2021, there were five homes sold, with a median sale price of $390,000 – a 31.9% decrease over the $572,500 median sale price for the same period of the previous year. There were six homes sold in Hollywood in October 2020.

The median sales tax in Hollywood for the most recent year with available data, 2019, was $1,344, approximately 0.3% of the median home sale price for October 2021.

The following table compares Hollywood to other Charleston County cities with similar median sale prices in October 2021:

City Oct. 2021 Home Sales Oct. 2020 Home Sales % change (Total Home Sales) Oct. 2021 Median Sales Price Oct. 2020 Median Sales Price % change (Median Sales Price)
Chesterfield 2 3 -33.3% $430,000 $355,000 21.1%
James Island 12 30 -60% $411,000 $351,750 16.8%
Landsdowne 1 1 0% $405,000 $418,000 -3.1%
Cedar Springs 1 1 0% $395,000 $282,000 40.1%
North Pine Point 1 2 -50% $395,000 $337,500 17%
Hollywood 5 6 -16.7% $390,000 $572,500 -31.9%
Charleston 133 295 -54.9% $384,700 $319,000 20.6%
Ashley Forest 1 2 -50% $365,000 $307,500 18.7%
Adams Run 2 1 100% $342,500 $430,000 -20.3%
Church Creek 3 1 200% $340,000 $297,975 14.1%
Summerville 7 16 -56.3% $300,000 $246,000 22%


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