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Monday, September 23, 2024

Hollywood home prices rise in the first quarter of 2020

Realestate5

The median sale price of a home sold in the first quarter of 2020 in Hollywood rose by $16,500 while total sales decreased by 71.9%, according to BlockShopper.com.

From January through March of 2020, there were nine homes sold, with a median sale price of $316,500 - a 5.5% increase over the $300,000 median sale price for the same period of the previous year. There were 32 homes sold in Hollywood in the first quarter of 2019.

The median sales tax in Hollywood for the most recent year with available data, 2019, was $1,344, approximately 0.4% of the median home sale price for the first quarter of 2020.

The following table compares Hollywood to other Charleston County cities with similar median sales prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Edisto Island516-68.8%$400,000$423,000-5.4%
Seabrook Island47454.4%$385,000$325,00018.5%
Awendaw35-40%$382,500$155,000146.8%
Riverland Terrace63100%$377,500$312,00021%
James Island786225.8%$321,250$305,0005.3%
Hollywood932-71.9%$316,500$300,0005.5%
Laurel Park3250%$310,000$389,000-20.3%
Charleston676767-11.9%$307,100$306,0000.4%
Plantation Estates13-66.7%$299,500$188,25059.1%
Chesterfield20-$299,250$0-
McClellanville312-75%$275,000$320,000-14.1%

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