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Palmetto State News

Wednesday, November 6, 2024

Hollywood home prices rose in the first half of 2021

Realestate077

The median sale price of a home sold in the first half of 2021 in Hollywood rose by $240,550 while total sales increased by 36.4%, according to BlockShopper.com.

From January through June of 2021, there were 30 homes sold, with a median sale price of $448,500 - a 115.7% increase over the $207,950 median sale price for the same period of the previous year. There were 22 homes sold in Hollywood in the first half 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 first half of 2021.

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

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Seabrook Island100928.7%$534,000$375,00042.4%
Meggett135160%$497,000$449,00010.7%
Mount Pleasant1,12594818.7%$492,000$424,44815.9%
Secessionville Acres42100%$469,500$470,000-0.1%
Ravenel79-22.2%$455,000$386,00017.9%
Hollywood302236.4%$448,500$207,950115.7%
Capri Isles111010%$445,000$390,00014.1%
Laurel Park56-16.7%$431,250$353,25022.1%
Riverland Terrace147100%$424,000$400,0006%
Whitehall Terrace8560%$417,500$440,000-5.1%
Chesterfield72250%$410,000$299,25037%

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