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Palmetto State News

Wednesday, September 25, 2024

Hollywood home prices rise in October 2018

Re 13

The median sale price of a home sold in October 2018 in Hollywood rose by $431,000 while total sales decreased by 33.3%, according to BlockShopper.com.

In October 2018, there were two homes sold, with a median sale price of $671,000 - a 179.6% increase over the $240,000 median sale price for the same period of the previous year. There were three homes sold in Hollywood in October 2017.

The median sales tax in Hollywood for the most recent year with available data, 2015, was $1,113, approximately 0.2% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Sullivan's Island41300%$1,500,000$820,00082.9%
Folly Beach84100%$779,750$497,95056.6%
Isle of Palms171330.8%$675,000$615,0009.8%
Hollywood23-33.3%$671,000$240,000179.6%
Edgewater Park110%$645,000$815,000-20.9%
Kiawah Island1517-11.8%$620,000$745,000-16.8%
North Pine Point10-$539,000$0-
Riverland Terrace13-66.7%$515,000$355,00045.1%
Seabrook Island1012-16.7%$479,500$335,00043.1%
Ashley Forest30-$445,000$0-
Mount Pleasant907815.4%$443,500$394,45012.4%

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