$10,000 Closing Credit*
$1,189,000
2,150 SqFt
3 Beds
•3 Full Baths
Juan Romero PA, Listing Office: DecoNova International Group
Is Hollywood Lakes, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hollywood Lakes was a Seller's Market.
Key Takeaway
Hollywood Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hollywood Lakes, FL
How much do homes in Hollywood Lakes, FL cost?
Median Sold Price
$705,000
$445/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+3.7%)
Key Takeaway
Homes in Hollywood Lakes have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Hollywood Lakes was $705,000 in October 2024, up 3.7% from last year, and the median price per square foot was $445.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150.5K | $155K | +3.0% |
| 2 Bedrooms | $503.5K | $490K | -2.7% |
| 3 Bedrooms | $750K | $700K | -6.7% |
| 4 Bedrooms | $995K | $942.5K | -5.3% |
| 5+ Bedrooms | $1.8M | $2.3M | +31.8% |
Summary: Hollywood Lakes housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 31.8%.
Housing Supply in Hollywood Lakes, FL
How many homes are available in Hollywood Lakes, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 152 | 158 | +3.9% |
Summary: The Hollywood Lakes real estate market had 158 homes for sale in October 2024, a 3.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 30 | 34 | +13.3% |
| 3 Bedrooms | 53 | 58 | +9.4% |
| 4 Bedrooms | 35 | 33 | -5.7% |
| 5+ Bedrooms | 27 | 26 | -3.7% |
Summary: The Hollywood Lakes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 3.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 9 | -55.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hollywood Lakes, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Hollywood Lakes in October 2024, down by 55.0% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hollywood Lakes, FL
How long does it take to sell a home in Hollywood Lakes, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 57 Days | -17.7% |
Summary: Homes in Hollywood Lakes had an average of 57 days on market in Oct 2024, down by 17.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hollywood Lakes has remained consistent over time.
Summary: During October 2024, 9 homes were sold in Hollywood Lakes; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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