Is Hollywood Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hollywood Hills was a Seller's Market.
Housing Prices in Hollywood Hills, FL
How much do homes in Hollywood Hills, FL cost?
Median Sold Price
$600,000
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hollywood Hills was $600,000 in March 2024, up 1.3% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157.5K | $149K | -5.4% |
2 Bedrooms | $260K | $280K | +7.7% |
3 Bedrooms | $617.5K | $601.2K | -2.6% |
4 Bedrooms | $704.6K | $732K | +3.9% |
5+ Bedrooms | $855K | $945K | +10.5% |
Summary: Hollywood Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.4%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Neighborhoods
Emerald Hills | $455K | $500K | +9.9% |
Park East | $476K | $503.7K | +5.8% |
Hollywood Hills | $592.5K | $600K | +1.3% |
Housing Supply in Hollywood Hills, FL
How many homes are available in Hollywood Hills, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 | 81 | +5.2% |
Summary: The Hollywood Hills real estate market had 81 homes for sale in March 2024, a 5.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 32 | 37 | +15.6% |
4 Bedrooms | 21 | 18 | -14.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Hollywood Hills housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Hollywood Hills in March 2024, down by 10.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Hollywood Hills, FL
How long does it take to sell a home in Hollywood Hills, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 39 Days | -4.0% |
Summary: Homes in Hollywood Hills had an average of 39 days on market in Mar 2024, down by 4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Hollywood Hills; 44% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.