Hollywood, Florida 55+ Detached Home Market Update – July 2026
Tom Dunphy Realtor | Fulton Grace Realty
TomDunphySellsRealEstate.com
Thomas J. Dunphy III
Florida State-Certified Residential Real Estate Appraiser, RD8755
APPRAIS
Hollywood, Florida 55+ Detached Home Market Overview
The Hollywood, Florida detached home market within HOPA (55+) communities continued to reflect generally stable market conditions through July 2026. Buyer activity strengthened throughout the past year while available inventory declined, creating a balanced market that continues to favor properly priced homes.
The total number of settled sales increased during the current six-month period compared with the prior seven- to twelve-month period. Sales activity also remained steady during the most recent three months, and the absorption rate increased to approximately 7.33 sales per month, the highest level reported during the past year. These trends indicate that buyers continue to actively purchase available homes within Hollywood's 55+ communities.
At the same time, the number of active listings declined while the months of housing supply also decreased. Median sale prices have softened modestly over the reporting periods but remain generally stable when viewed over the broader trend. Marketing times have also improved, with the current median marketing time declining to approximately 60 days, indicating that properly priced homes continue to sell within a relatively short period.
Overall, the Hollywood, Florida 55+ detached home market remains stable, supported by increasing buyer demand, declining inventory, reasonable marketing times, and home values that have remained relatively consistent despite modest quarter-to-quarter fluctuations.
Understanding the Numbers
Median Sale Price
The median sale price represents the midpoint of all detached home sales during a specific period. Half of the homes sold above the median sale price, while half sold below it.
The median sale prices during the reporting periods were approximately:
• $571,500 during the prior seven to twelve months
• $555,000 during the prior four to six months
• $544,500 during the most recent three months
Although the median sale price has declined modestly between reporting periods, the longer-term trend suggests generally stable home values. The accompanying price chart indicates some month-to-month fluctuations, including a temporary increase earlier in the year, followed by a return to values more consistent with recent market activity.
Absorption Rate
The absorption rate measures the average number of homes selling each month.
The Hollywood, Florida 55+ detached home market increased from approximately 6.0 sales per month during the prior seven- to twelve-month period to approximately 7.33 sales per month during the most recent three months.
An increasing absorption rate indicates that buyers continue purchasing available homes at a healthy pace.
Months of Housing Supply
Months of housing supply estimates how long it would take to sell the current inventory if no additional homes were listed.
Housing supply declined from approximately 4.17 months during the prior seven- to twelve-month period to approximately 2.86 months during the current three-month period.
The decline in housing supply indicates that available inventory has become tighter, providing buyers with fewer choices while supporting continued market stability.
Days on Market
Days on market measures how long a property is typically listed before going under contract.
The median marketing time declined from approximately 80 days during the prior seven- to twelve-month period to approximately 60 days during the most recent three months.
This indicates that properly priced detached homes within Hollywood's 55+ communities continue to sell in less than 90 days. A typical exposure period of approximately three to six months remains reasonable for this market.
Sale-to-List Price Ratio
The median sale-to-list price ratio remained approximately 100% throughout each reporting period.
This indicates that many homes ultimately sold near their asking prices. However, buyers and sellers should remember that recent comparable sales provide the strongest evidence of current market value, while active listings reflect current seller expectations.
What This Means for Buyers
Buyers should be prepared to act when they find a properly priced home.
The increasing absorption rate, declining inventory, and relatively short marketing times indicate that buyers continue competing for desirable homes within Hollywood's 55+ communities. Waiting too long to submit an offer may result in losing the property to another purchaser.
As both a Florida Realtor and a Florida State-Certified Residential Real Estate Appraiser, I analyze recent comparable sales to determine whether an asking price is supported by current market evidence.
If a property is priced appropriately, I would recommend making a competitive offer. If the asking price appears above current market value, I would explain why and recommend an offer supported by recent comparable sales rather than simply matching the list price.
Moving quickly does not mean overpaying. It means understanding the market, recognizing value, and making a well-supported offer before another buyer acts.
What This Means for Sellers
Sellers continue to benefit from active buyer demand and declining inventory, but competitive pricing remains essential.
Although current list prices are higher than they have been during the past year, recent sale prices suggest buyers remain value-conscious. Sellers should avoid assuming that the highest asking prices automatically represent current market value.
Pricing a home competitively based on recent comparable sales and current market conditions should provide the best opportunity to attract qualified buyers and achieve a successful sale within a reasonable marketing period.