In December 2019, there were six homes sold, with a median sale price of $331,500 - a 47.4% decrease over the $630,000 median sale price for the same period of the previous year. There were two homes sold in Hollywood in December 2018.
The median sales tax in Hollywood for 2019 was $1,344. In 2018, the median sales tax was $1,265. This marks an increase of 6.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.4%.
The following table compares Hollywood to other Charleston County cities with similar median sales prices in December 2019:
| City | Dec. 2019 Home Sales | Dec. 2018 Home Sales | % change (Total Home Sales) | Dec. 2019 Median Sales Price | Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Secessionville Acres | 1 | 1 | 0% | $489,000 | $500,000 | -2.2% |
| Edisto Island | 5 | 0 | - | $475,000 | $0 | - |
| Mount Pleasant | 129 | 77 | 67.5% | $440,000 | $391,000 | 12.5% |
| Ashley Forest | 3 | 0 | - | $370,000 | $0 | - |
| Riverland Terrace | 1 | 1 | 0% | $357,500 | $275,000 | 30% |
| Hollywood | 6 | 2 | 200% | $331,500 | $630,000 | -47.4% |
| James Island | 22 | 7 | 214.3% | $330,000 | $311,000 | 6.1% |
| Seabrook Island | 19 | 9 | 111.1% | $320,000 | $305,000 | 4.9% |
| Charleston | 232 | 111 | 109% | $310,950 | $285,000 | 9.1% |
| Forest Lakes | 1 | 0 | - | $310,000 | $0 | - |
| Ravenel | 2 | 0 | - | $302,000 | $0 | - |
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