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Hollywood, FL Area Real Estate Report
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
Hollywood, FL Market Snapshot
Hollywood, FL Monthly Market Snapshot for October 10, 2022
Yes, the market is shifting. Average sales prices are still up a bit, but inventory is increasing. Even with the fluctuating interest rates, they are still historically low and it is still a good time to buy, especially with more homes now on the market to choose from!
Ready to buy or sell? Now is the time so contact me today to get started!
Annette Dammeyer, REALTOR®
Coldwell Banker Realty
808.747.3686
SL 3535792
Hollywood, FL Area Report
Hollywood, Florida has so much to offer!
Real estate in Hollywood is a fantastic investment. Click the link below to view the most recent real estate statistics released for July, 2022.
Hollywood, FL Area Report – July, 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
