Is Hollywood Park, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hollywood Park is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Hollywood Park was a Seller's Market.

Key Takeaway

Hollywood Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hollywood Park, TX

How much do homes in Hollywood Park, TX cost?

Median Sold Price

$545,000

$191/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$105,000(-16.2%)

Key Takeaway

Homes in Hollywood Park have sold for 16.2% less than they did a month ago.

Summary: The median home sold price in Hollywood Park was $545,000 in March 2024, down 16.2% from last month, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $632.5K-
N/A
4 $650K-
N/A
5+ -$545K
N/A

Summary: Hollywood Park housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hollywood Park, TX

How many homes are available in Hollywood Park, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1716-5.9%

Summary: The Hollywood Park real estate market had 16 homes for sale in March 2024, a 5.9% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 56
+20.0%
4 108
-20.0%
5+ 22
0.0%

Summary: The Hollywood Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hollywood Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hollywood Park in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hollywood Park, TX

How long does it take to sell a home in Hollywood Park, TX?

Average Sale Time

Feb 2024Mar 2024CHANGE
49 Days74 Days+50.4%

Summary: Homes in Hollywood Park had an average of 74 days on market in Mar 2024, up by 50.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hollywood Park are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Hollywood Park; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Hollywood Park, TX

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