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Palmetto State News

Sunday, November 24, 2024

Hollywood home prices fall in November 2017

Re 10

The median sale price of a home sold in November 2017 in Hollywood fell by $290,500 while total sales increased by 300%, according to BlockShopper.com.

In November 2017, there were eight homes sold, with a median sale price of $155,000 - a 65.2% decrease over the $445,500 median sale price for the same period of the previous year. There were two homes sold in Hollywood in November 2016.

The median sales tax in Hollywood for the most recent year with available data, 2015, was $1,113, approximately 0.7% of the median home sale price for November 2017.

The following table compares Hollywood to other Charleston County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Ponderosa20-$251,000$0-
Plantation Estates10-$236,000$0-
Church Creek12-50%$230,000$190,00021.1%
Forest Lakes10-$210,000$0-
Lincolnville10-$176,500$0-
Pierpont21100%$168,500$169,900-0.8%
Summerville28-75%$161,500$165,000-2.1%
Hollywood82300%$155,000$445,500-65.2%
Ladson440%$150,000$94,00059.6%
North Charleston6888-22.7%$134,892.50$107,00026.1%
Adams Run12-50%$56,700$99,950-43.3%

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