Real Estate Market Update for 33023 (Hollywood, FL)

Video: Real Estate Community Tour for 33023 (Hollywood, FL)

See Real estate community tour for 33023 (Hollywood, FL)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 59% from one year earlier, and down 26% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was 180-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 45%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 180-thousand dollars. The number of units sold decreased 44% year-over-year, and decreased 35% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 33023 (Hollywood, FL)
Area Information for 33023 (Hollywood, FL)
  • Population: 63,356
  • Median Age: 35.43 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 6,574/sq mi
  • Population Change Since 2000: 4.24%
  • Closest Airport: Fort Lauderdale/hollywood International
  • Closest College: Broward Community College-south Campus
  • Closest Jr. College: Florida Career College-pembroke Pines
  • Median Household Income: $45,655
  • Annual Residential Turnover: 14%
  • Median Home Sales Price: $120,000
  • Closest Major Sports Team: Miami Dolphins
  • Change Avg. Household Income Since 2000: 15.07%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33023 (Hollywood, FL)
Median Age: 35.43 Married: 30% Number of Households: 19,677 Households with Children: 7,753
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 33023 (Hollywood, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Somerset Academy East Preparatory 0.5 mi Public K-5 4 0
      Somerset Preparatory Charter Middle School 0.5 mi Public 6-8 2 0
      Somerset Academy Hollywood Middle School 0.5 mi Public 6-8 0 0
      Somerset Academy Hollywood 0.5 mi Public -5 0 0
      St Stephen School 0.5 mi Catholic PRESCHOOL-8 0 0
      Sharon School Of Excellence 0.6 mi Private K-12 0 0
      Miramar Elementary School 0.6 mi Public K-5 2 0
      Love Outreach Christian Academy 0.9 mi Private 2-7 0 0
      West Hollywood Private School 1.0 mi Private 5-12 0 0
      Annabel C. Perry Elementary School 1.0 mi Public PRESCHOOL-7 2 0
      Pembroke Pines Elementary School 1.0 mi Public PRESCHOOL-5 3 0
      Henry D. Perry Middle School 1.0 mi Public 6-8 1 0
      Phyls Academy 1.4 mi Private PRESCHOOL-K 0 0
      Watkins Elementary School 1.4 mi Public PRESCHOOL-5 1 0
      Sunshine Elementary School 1.6 mi Public PRESCHOOL-5 2 0
      Lake Forest Elementary School 1.6 mi Public K-5 0 0
      Point Of Grace Christian Academy 1.6 mi Private K-12 0 0
      Henry Mcneal Turner Learning Academy 1.8 mi Public K-5 0 0
      Fairway Elementary School 2.0 mi Public PRESCHOOL-5 1 0
      Annunciation School 2.4 mi Catholic PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by School Review data by
      Local Weather for 33023 (Hollywood, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.