January 2021: Hollywood experienced a 14.3% increase in median home prices

Medium realestate1

The median sale price of a home sold in January 2021 in Hollywood rose by $41,000 while total sales increased by 10.7%, according to BlockShopper.com.

In January 2021, there were 259 homes sold, with a median sale price of $328,000 - a 14.3% increase over the $287,000 median sale price for the same period of the previous year. There were 234 homes sold in Hollywood in January 2020.

The median sales tax in Hollywood for the most recent year with available data, 2017, was $2,940, approximately 0.9% of the median home sale price for January 2021.

The following table compares Hollywood to other Broward County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Lauderdale-by-the-Sea332250%$370,000$340,0008.8%
Coral Springs18414725.2%$362,750$315,00015.2%
Miramar15312621.4%$350,000$305,50014.6%
Hillsboro Beach14875%$333,997.50$381,500-12.5%
Uninc-33317/Broadview Park20-$328,700$0-
Hollywood25923410.7%$328,000$287,00014.3%
Davie14310141.6%$322,500$295,0009.3%
Sea Ranch Lakes110%$320,000$315,0001.6%
Plantation13912015.8%$315,000$304,9503.3%
Pembroke Pines20816426.8%$299,499.50$256,00017%
Fort Lauderdale (unincorporated)1215-20%$254,500$206,90023%

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