$63,000
0.50 Acres
Land
Listing Office: AgentOwned Realty
Is Ravenel-Hollywood, SC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Ravenel-Hollywood was a Seller's Market.
Key Takeaway
Ravenel-Hollywood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ravenel-Hollywood, SC
How much do homes in Ravenel-Hollywood, SC cost?
Median Sold Price
$690,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,500(+6.2%)
Key Takeaway
Homes in Ravenel-Hollywood have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Ravenel-Hollywood was $690,000 in November 2024, up 6.2% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $352.7K | $532.4K | +50.9% |
| 2 Bedrooms | $325K | $340K | +4.6% |
| 3 Bedrooms | $558.1K | $630K | +12.9% |
| 4 Bedrooms | $694.9K | $796.4K | +14.6% |
| 5+ Bedrooms | $890K | $988.8K | +11.1% |
Summary: Ravenel-Hollywood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.9%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Ravenel | $454.6K | $554K | +21.9% |
| Ravenel-Hollywood | $649.5K | $690K | +6.2% |
| Hollywood | $680.9K | $709.5K | +4.2% |
Housing Supply in Ravenel-Hollywood, SC
How many homes are available in Ravenel-Hollywood, SC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 63 | +16.7% |
Summary: The Ravenel-Hollywood real estate market had 63 homes for sale in November 2024, a 16.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 27 | 33 | +22.2% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Ravenel-Hollywood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ravenel-Hollywood, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Ravenel-Hollywood in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% 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
