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Wednesday, September 25, 2024

Hollywood home prices rise in the second quarter of 2018

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The median sale price of a home sold in the second quarter of 2018 in Hollywood rose by $39,500 while total sales decreased by 23.1%, according to BlockShopper.com.

From April through June of 2018, there were 10 homes sold, with a median sale price of $284,500 - a 16.1% increase over the $245,000 median sale price for the same period of the previous year. There were 13 homes sold in Hollywood in the second quarter of 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 the second quarter of 2018.

The following table compares Hollywood to other Charleston County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Riverland Terrace25-60%$327,500$325,0000.8%
James Island3865-41.5%$317,000$297,0006.7%
Forest Lakes10-$299,900$0-
Charleston508768-33.9%$288,400$290,000-0.6%
Whitehall Terrace41300%$287,500$225,00027.8%
Hollywood1013-23.1%$284,500$245,00016.1%
Drayton24-50%$262,500$170,80053.7%
Landsdowne61500%$259,136$372,500-30.4%
Long Branch Estates13-66.7%$236,000$252,500-6.5%
Plantation Estates34-25%$232,000$214,0008.4%
Summerville14140%$193,500$203,000-4.7%

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