Real Estate Market Hollywood FL

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Real Estate Market Hollywood FL
How was the residential real estate market, our real estate market in Hollywood Florida? For the most part, still Seller's market for single family homes and cooling of in some areas of the condo market. Despite showing still real estate market to the Seller’s advantage, Seller’s market- there were 181 properties that did not sell and the listings expired. Hollywood FL Real Estate Market for single family homes shows 15% increase in sold single family homes, with median sales price 320,000, inventory decrease of 10% and 50 days- time to contract. Housing Market for Hollywood FL 2019 for condominiums/ townhomes shows 318 condo units sold, an increase of 13,8% compared to the previous year. Median price was 178,250- 3% increase, inventory increased by 1.6% with 62 days time to contract and about 9.5 months of supply in inventory.
The verdict: Seller’s Market for Single Family Homes, Buyer’s Market for Condos

If you want to talk to about anything real estate related you call call/text 786-412-8510, or email: kate.smithfl@gmail.com Kate Smith, Hollywood FL
👉 Real Estate Market Forecast 2020, https://youtu.be/VZAgGqqIOvs
👉 SE Florida Market Forecast, https://youtu.be/yJHQkNFs8oM
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