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Palmetto State News

Wednesday, November 6, 2024

Home prices increased in Hollywood during July 2021

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The median sale price of a home sold in July 2021 in Hollywood rose by $372,150 while total sales decreased by 60%, according to BlockShopper.com.

In July 2021, there were two homes sold, with a median sale price of $562,450 - a 195.6% increase over the $190,300 median sale price for the same period of the previous year. There were five homes sold in Hollywood in July 2020.

The median sales tax in Hollywood for the most recent year with available data, 2019, was $1,344, approximately 0.2% of the median home sale price for July 2021.

The following table compares Hollywood to other Charleston County cities with similar median sale prices in July 2021:

CityJuly 2021 Home SalesJuly 2020 Home Sales% change (Total Home Sales)July 2021 Median Sales PriceJuly 2020 Median Sales Price% change (Median Sales Price)
Edisto Island330%$600,000$480,00025%
Ravenel12-50%$585,000$357,50063.6%
Edgewater Park10-$580,000$0-
Laurel Park21100%$570,500$170,000235.6%
Sullivan's Island220%$562,500$2,307,500-75.6%
Hollywood25-60%$562,450$190,300195.6%
Mount Pleasant129261-50.6%$550,000$452,50021.5%
Plantation Estates10-$549,000$0-
Adams Run13-66.7%$508,000$153,000232%
James Island1624-33.3%$391,500$336,50016.3%
Cedar Springs220%$387,750$309,00025.5%

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