Is Hollywood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2021
Since last year, Hollywood has remained a Seller's Market.
Key Takeaway
Hollywood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Hollywood, FL cost?
Median Sold Price
$400,750
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2021
+$68,009(+20.4%)
Key Takeaway
Homes in Hollywood have sold for 20.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jun 2021 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | $168.8K | $235K | +39.2% |
| 2 Bedrooms | $273.5K | $349.9K | +27.9% |
| 3 Bedrooms | $376.1K | $460K | +22.3% |
| 4 Bedrooms | $482.5K | $559.5K | +16.0% |
| 5+ Bedrooms | $1.1M | $1.0M | -12.0%  |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| West Park | +22.0% |
| Dania Beach | +20.9% |
| Hollywood | +20.4% |
| Dania | +13.0% |
How many homes are available in Hollywood, FL?
Number of Homes For Sale
| May 2022 | Jun 2022 | % |
|---|---|---|
| 725 | 779 | +7.4% |
Homes For Sale By Bedroom Count
| # BEDS | May 2022 | Jun 2022 | % |
|---|---|---|---|
| 1 Bedroom | 161 | 171 | +6.2% |
| 2 Bedrooms | 228 | 232 | +1.8% |
| 3 Bedrooms | 240 | 245 | +2.1% |
| 4 Bedrooms | 60 | 83 | +38.3% |
| 5+ Bedrooms | 36 | 48 | +33.3% |
Number of Homes Sold
| May 2022 | Jun 2022 | % |
|---|---|---|
| 158 | 158 | 0.0% |
Asking Price vs. Sold Price
81 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hollywood, you may be able to get a good deal. 51.3% of homes here sold below asking price last month.
Average Sale Time
| Jun 2021 | Jun 2022 | % |
|---|---|---|
| 52 Days | 36 Days | -30.2% |
Breakdown of Home Sale Times
105 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hollywood are selling fast, if you're buying plan to act quickly.
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