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Palmetto State News

Wednesday, September 25, 2024

Hollywood home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Hollywood fell by $123,625 while total sales decreased by 50%, according to BlockShopper.com.

In August 2018, there were two homes sold, with a median sale price of $258,500 - a 32.4% decrease over the $382,125 median sale price for the same period of the previous year. There were four homes sold in Hollywood in August 2017.

The median sales tax in Hollywood for the most recent year with available data, 2015, was $1,113, approximately 0.4% of the median home sale price for August 2018.

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

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Charleston17415710.8%$320,000$265,00020.8%
Long Branch Estates10-$310,000$0-
Chesterfield110%$301,500$255,00018.2%
James Island131030%$285,000$294,500-3.2%
Drayton110%$285,000$220,00029.5%
Hollywood24-50%$258,500$382,125-32.4%
Melrose110%$224,900$165,00036.3%
North Pine Point10-$178,000$0-
Summerville38-62.5%$170,000$206,750-17.8%
North Charleston87861.2%$150,000$133,45012.4%
Ponderosa12-50%$90,400$157,500-42.6%

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