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The Hollywood, FL Market is Booming!
Prices are up from October 2021 to October 2022 and the real estate market is strong. Hollywood is a highly desired location for homeowners and investors alike.
Commonly asked questions:
What is the difference between “Median Sales Price” and “Average Sales Price”?
Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.
Average Sales Price | Average sales price for all properties sold.
What does “Absorption Rate” mean?
Absorption Rate | Looks at the past year’s monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
⇓⇓⇓ Click the link below for the most recent Area Report ⇓⇓⇓
⇒HOLLYWOOD AREA REAL ESTATE REPORT⇐
October 2021 vs. October 2022
As always, please contact me if you would like to be automatically sent updated area market reports for Hollywood or another SE Florida city. I am here to help.
Let’s start working together!
Annette Dammeyer, REALTOR
Coldwell Banker Realty
808.747.3686
SL 3535792
