Florida Keller Williams Realtors A Team Professionals. 2021 and 2022 (post-pandemic) were by far the hottest years for sales that we have seen in a long time. 2023 would have been even hotter except that inventory was so low, at one point hitting SIX total listings. This is a dramatic number when you realize that 18 months later, we have over 80 condos on the market.  Out of 1002 condo listings in Hollywood right now, Hillcrest has 80. Of the 83 pending sales in Hollywood, Hillcrest accounts for 2. And out of 795 total closed sales so far in 2024, we have sold 104. Unfortunately, we have at least one building that questionably “went rental” and although the values went up, the quality of life went down for many of the residents. If a building is going to consider rentals, it should be done legally with the consent of the majority.

To protect the building culture, one building has a two-year waiting period to keep out investors who are notorious for not supporting necessary repairs and upgrades. And even then, they only allow 6 month leases so that any renters who are disruptive or otherwise incompatible with the building culture can be denied an extension. That building has few renters and the ones they do have, have been there for years so there is very little turnover. 

Please note that these sales figures exclude transactions made directly through the Pulte office. Additionally, keep in mind that a significant number of Parkview at Hillcrest homes have been converted into rental properties in recent years, which makes them investment properties, so they are less likely to be listed for sale.

The total number of Single Family/Townhome listings in the city of Hollywood as of this writing are 611, with 16 in Hillcrest/Parkview. One of the 147 pending listings are in Parkview and for the year, Hillcrest/Parkview accounted for 27 of 1064 total Hollywood area closings.

Wondering how much equity you’ve built up in your Parkview at Hillcrest home? Reach out! Call us at 8-HILLCREST or
email INFO@ATeamFlorida.com.

3850 Washington, Suite #1016, Hollywood Florida 33021

Email: info@ateamflorida.com

Phone: 954-964-2559