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Wednesday, November 6, 2024

Rising home prices in Hollywood in the second quarter of 2021

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The median sale price of a home sold in the second quarter of 2021 in Hollywood rose by $210,850 while total sales decreased by 7.7%, according to BlockShopper.com.

From April through June of 2021, there were 12 homes sold, with a median sale price of $404,750 - a 108.7% increase over the $193,900 median sale price for the same period of the previous year. There were 13 homes sold in Hollywood in the second quarter of 2020.

The median sales tax in Hollywood for the most recent year with available data, 2019, was $1,344, approximately 0.3% of the median home sale price for the second quarter of 2021.

The following table compares Hollywood to other Charleston County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Laurel Park4333.3%$428,125$363,00017.9%
McClellanville8633.3%$422,750$329,50028.3%
Riverland Terrace91800%$420,000$550,000-23.6%
Chesterfield50-$410,000$0-
Ashley Forest14-75%$405,000$418,000-3.1%
Hollywood1213-7.7%$404,750$193,900108.7%
James Island5571-22.5%$395,000$335,00017.9%
Charleston8067507.5%$387,250$315,00022.9%
North Pine Point220%$386,000$248,50055.3%
Secessionville Acres21100%$380,000$270,00040.7%
Church Creek14-75%$365,000$240,00052.1%

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