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Sunday, November 24, 2024

Hollywood home prices rise in the third quarter of 2017

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The median sale price of a home sold in the third quarter of 2017 in Hollywood rose by $136,250 while total sales decreased by 43.8%, according to BlockShopper.com.

From July through September of 2017, there were nine homes sold, with a median sale price of $390,000 - a 53.7% increase over the $253,750 median sale price for the same period of the previous year. There were 16 homes sold in Hollywood in the third quarter of 2016.

The median sales tax in Hollywood for the most recent year with available data, 2015, was $1,113, approximately 0.3% of the median home sale price for the third quarter of 2017.

The following table compares Hollywood to other Charleston County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Meggett47-42.9%$520,750$400,00030.2%
McClellanville513-61.5%$445,000$263,42168.9%
Seabrook Island38372.7%$442,000$375,00017.9%
Mount Pleasant422601-29.8%$419,875$369,50013.6%
Ashley Forest330%$395,000$343,00015.2%
Hollywood916-43.8%$390,000$253,75053.7%
Whitehall Terrace12-50%$355,000$392,250-9.5%
Riverland Terrace38-62.5%$349,900$402,500-13.1%
Awendaw37-57.1%$310,000$575,000-46.1%
Landsdowne23-33.3%$299,500$305,000-1.8%
James Island3567-47.8%$284,000$275,0003.3%

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