Is Ravenel-Hollywood, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ravenel-Hollywood has remained a Seller's Market.
Housing Prices in Ravenel-Hollywood, SC
How much do homes in Ravenel-Hollywood, SC cost?
Median Sold Price
$650,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ravenel-Hollywood was $650,000 in April 2024, up 6.5% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $460K | $352.7K | -23.3% |
2 Bedrooms | $355K | $325K | -8.5% |
3 Bedrooms | $566.8K | $575K | +1.4% |
4 Bedrooms | $690.4K | $700K | +1.4% |
5+ Bedrooms | $785K | $840K | +7.0% |
Summary: Ravenel-Hollywood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.3%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Cities
Hollywood | $621.3K | $683.9K | +10.1% |
Ravenel-Hollywood | $610K | $650K | +6.5% |
Ravenel | $474.9K | $479.9K | +1.1% |
Housing Supply in Ravenel-Hollywood, SC
How many homes are available in Ravenel-Hollywood, SC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 68 | +25.9% |
Summary: The Ravenel-Hollywood real estate market had 68 homes for sale in April 2024, a 25.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 21 | 23 | +9.5% |
4 Bedrooms | 24 | 30 | +25.0% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Ravenel-Hollywood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 13 | +160.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Ravenel-Hollywood in April 2024, up by 160.0% month-over-month. Of the 13 sold homes, 69% were sold under asking, 8% were sold at asking, and 23% were sold over asking.
Days on Market for Ravenel-Hollywood, SC
We’re sorry, we don't have information for this market at the moment