HOLLYWOOD
CONDOMINIUM SALES APRIL MARKET OVERVIEW
In Hollywood there were 19 condominium sales in April 2014, down from 20 in April 2013 and a 171% increase from the 7 sales closed last month. The average list price for condo sales in April 2014 was $644,505 compared to $535,990 for April 2013, representing a 20% increase. For the three-month period from February to April 2014, the average list price was 15% higher than the same period of the prior year. Average sales price for April 2014 was $624,826, compared to that of February through April 2014, which was $596,194. Comparing April 2014 to March 2014, Hollywood saw a 5% increase in average sale price, and a 15% increase compared to same month of the prior year.
CONDOMINIUMS (CONDOS) ALL
< $1M
$1M - $3M
> $3M
AVERAGE LIST PRICE
FEB - APR 2014
$610,191
$572,037
$1,182,500
$-
AVERAGE LIST PRICE PER SQUARE FOOT
$483.00
$468.69
$620.41
$-
AVERAGE SOLD PRICE
$596,194
$564,607
$1,070,000
$-
$471.92
$462.60
$561.39
$-
32
30
2
-
TOTAL CONDOS FOR SALE AT END OF PERIOD
-
-
-
-
AVERAGE MONTHLY SUPPLY OF INVENTORY
-
-
-
-
98%
99%
90%
0%
ALL
< $1M
$1M - $3M
> $3M
$531,689
$531,689
$-
$-
$414.90
$414.90
$-
$-
$530,909
$530,909
$-
$-
$414.30
$414.30
$-
$-
38
38
-
1
AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO
CONDOS FEB - APR 2013 AVERAGE LIST PRICE AVERAGE LIST PRICE PER SQUARE FOOT AVERAGE SOLD PRICE AVERAGE SOLD PRICE PER SQUARE FOOT TOTAL CONDOS SOLD TOTAL CONDOS FOR SALE AT END OF PERIOD
28
21
6
AVERAGE MONTHLY SUPPLY OF INVENTORY
2.2
1.7
-
-
100%
100%
0%
0%
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO
CONDOS ALL
< $1M
$1M - $3M
> $3M
AVERAGE LIST PRICE
APR/APR COMPARISON
15%
8%
0%
0%
AVERAGE LIST PRICE PER SQUARE FOOT
16%
13%
0%
0%
AVERAGE SOLD PRICE
12%
6%
0%
0%
AVERAGE SOLD PRICE PER SQUARE FOOT
14%
12%
0%
0%
-16%
-21%
0%
0%
TOTAL CONDOS FOR SALE AT END OF PERIOD
-100%
-100%
-100%
-100%
AVERAGE MONTHLY SUPPLY OF INVENTORY
-100%
-100%
0%
0%
-2%
-1%
0%
0%
TOTAL CONDOS SOLD
AVERAGE SOLD PRICE/ORIGINAL LIST PRICE RATIO (Source: MLS/CLAW)
27