Hollywood, FL 33020 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary indicator of recent market value is the median sold price 472,450, which represents the most reliable signal of transaction-level pricing in the ZIP code; price trends are up year‑over‑year, suggesting modest appreciation pressure on realized sales.
2. Despite the median sold price of 472,450, there is notable pricing friction: the median days on market 312 is extended and may indicate slower sales velocity and increased negotiation time for buyers and sellers.
3. Seller expectations appear higher than recent transaction levels when comparing the median listing price 594,500 with the median sold price 472,450; this gap may indicate pricing mismatch that could prolong time on market or require concessions.
4. Market balance signals are mixed: the market temperature is neutral, suggesting a generally balanced environment, while interest rate pressure is elevated and rates are averaging 6.37% for a 30‑year fixed mortgage in the area — together these factors may constrain buyer affordability and support longer marketing periods; treat near‑term pricing as contingent on rate movements.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.