The Hollywood Rivera sales continued to increase in June, a major part playing into an ocean front home that sold for $5,920,000. Although, 7 homes out of the 12 sales sold over asking price so the demand is increasing as we get into summer.
Here are some quick stats on Hollywood Riviera below:
Number of Homes Sold: 12
Lowest Sales Price: $830,000 (2 Bed | 2.5 Bath | 1,360 SF | Town-home)
Highest Sales Price: $5,920,000 (5 Bed | 4 Bath | 3,250 SF | 22,289 SF Lot)
Average Sales Price: $1,828,450
Median Sales Price: $1,587,500
Average Price Per SF: $894.98
How Many Homes Sold Over Asking: 7
Average Days On Market: 17 Days
The photos above are from the ocean front home that sits on over 22,000 square feet of land with direct access to the sand. It was built with a modern coastal design back in 2010, and has 5 bedrooms, 4 bathrooms, jacuzzi, sauna and wine cellar.
*Images provided by the MLS.