Hollywood Lakes Real Estate Market Report
During the months of May – September of 2012, 38 Single Family Homes were sold in the Hollywood Lakes Community. The properties were sold with prices ranging from $170,000 – $854,850, with an average purchase price of $388,342. None of the properties are Waterfront properties. Of the 38 properties, 8 were sold as Short Sales and 1 was sold as a Bank Owned Foreclosure.
Pending Sales
Currently, 26 Hollywood Lakes properties are listed as being under Contract for purchase (Buyers submitted Offers that were accepted by Owners of the properties and the purchases are scheduled to be completed shortly). The list price range of the Pending listings is $130,000 – $580,000.
Active Listings
Of approximately 1,350 total Homes in Hollywood Lakes, only 42 are currently listed for sale, so Inventory is not excessive. The list price range of the Homes is $265,000 – $6,300,000. Of the 42 properties, 17 are Waterfront properties located on Northlake and Southlake Dr. and are listed in a price range of $674,419 – $6,300,000. The Homes that are currently on the Market were built between 1925 – 2011 and include Historic Homes, renovated/remodeled Homes, and a few “new” Homes that were constructed within recent years. Architectural styles include Ranch, Mediterranean, Mediterranean Revival, and others. Of the 42 Properties listed for sale, 1 is listed as a Bank Owned Foreclosure and only 5 are listed as Short Sales.
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