2011 Was a Strong Year for Real Estate in Hollywood Park

The township of Hollywood Park reported 57 homes sold through the MLS in 2011, which was just ahead of the 54 homes sold in 2010.  In a neighborhood with approximately 1300 homes, that represents around 4% of homes that were sold.

Prices in 2011 ranged from $159,000 to $700,000 with most falling between $200,000 and $300,000.  Dollars per square foot ranged from a low of $60 per square foot, to a high of $168 per square foot with most between $100 and $115 per square foot. The homes sold ranged in size from 1519 square feet to 4769 square feet.

Of the 57 homes that sold, 26 homes, or about half,  were sold in 60 days or less and 10 of those 26 were sold in 30 days or less.  So, all in all, a good strong year for Hollywood Park real estate!