Is Hollywood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hollywood was a Seller's Market.
Housing Prices in Hollywood, FL
How much do homes in Hollywood, FL cost?
Median Sold Price
$477,633
$351/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hollywood was $477,633 in April 2024, up 6.2% from last year, and the median price per square foot was $351.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $218K | $247.5K | +13.5% |
2 Bedrooms | $390.4K | $399.4K | +2.3% |
3 Bedrooms | $489.9K | $525K | +7.1% |
4 Bedrooms | $641.8K | $740K | +15.3% |
5+ Bedrooms | $1.0M | $1.3M | +33.0% |
Summary: Hollywood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 33%.
Median Sold Price Compared To Nearby Cities
Dania | $295K | $340K | +15.3% |
West Park | $375.4K | $430K | +14.5% |
Hollywood | $449.9K | $477.6K | +6.2% |
Dania Beach | $375K | $390.9K | +4.3% |
Housing Supply in Hollywood, FL
How many homes are available in Hollywood, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,305 | 1,440 | +10.3% |
Summary: The Hollywood real estate market had 1,440 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 284 | 308 | +8.5% |
2 Bedrooms | 493 | 539 | +9.3% |
3 Bedrooms | 335 | 372 | +11.0% |
4 Bedrooms | 126 | 150 | +19.0% |
5+ Bedrooms | 67 | 71 | +6.0% |
Summary: The Hollywood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
134 | 140 | +4.5% |
Asking Price vs. Sold Price
116 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 140 homes were sold or pending in Hollywood in April 2024, up by 4.5% month-over-month. Of the 140 sold homes, 83% were sold under asking, 6% were sold at asking, and 11% were sold over asking.
Days on Market for Hollywood, FL
How long does it take to sell a home in Hollywood, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
66 Days | 54 Days | -17.8% |
Summary: Homes in Hollywood had an average of 54 days on market in Apr 2024, down by 17.8% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
45 Homes Were Sold
In 30 - 90 Days
29 Homes Were Sold
Over 90 Days
Summary: During April 2024, 140 homes were sold in Hollywood; 47% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.