Is Hollywood, SC 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 was a Seller's Market.
Key Takeaway
Hollywood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hollywood, SC
How much do homes in Hollywood, SC cost?
Median Sold Price
$685,725
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hollywood have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Hollywood was $685,725 in March 2024, up 11.5% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $460K | $352.7K | -23.3% |
| 2 Bedrooms | $345K | $449.5K | +30.3% |
| 3 Bedrooms | $569.1K | $585K | +2.8% |
| 4 Bedrooms | $684.2K | $719.9K | +5.2% |
| 5+ Bedrooms | $977K | $886.8K | -9.2% |
Summary: Hollywood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.3%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Hollywood | $615K | $685.7K | +11.5% |
| Ravenel-Hollywood | $609K | $659K | +8.2% |
| West Ashley | $425K | $455.5K | +7.2% |
| Johns Island | $608.8K | $649.1K | +6.6% |
| Ravenel | $472.4K | $468.2K | -0.9% |
Housing Supply in Hollywood, SC
How many homes are available in Hollywood, SC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 52 | +30.0% |
Summary: The Hollywood real estate market had 52 homes for sale in March 2024, a 30.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 15 | 22 | +46.7% |
| 4 Bedrooms | 20 | 23 | +15.0% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Hollywood 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 46.7%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hollywood, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Hollywood in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Hollywood, SC
We’re sorry, we don't have information for this market at the moment
Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.