Is Hammocks of Palm Harbor, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hammocks of Palm Harbor is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hammocks of Palm Harbor has remained a Seller's Market.

Key Takeaway

Hammocks of Palm Harbor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hammocks of Palm Harbor, FL

How much do homes in Hammocks of Palm Harbor, FL cost?

Median Sold Price

$458,000

$267/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$89,000(-16.3%)

Key Takeaway

Homes in Hammocks of Palm Harbor have sold for 16.3% less than they did a month ago.

Summary: The median home sold price in Hammocks of Palm Harbor was $458,000 in April 2024, down 16.3% from last month, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $547K$458K
-16.3%
4 --
N/A
5+ --
N/A

Summary: Hammocks of Palm Harbor housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 16.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Hammocks of Palm Harbor
-16.3%
Barrington Oaks West
-32.8%

Housing Supply in Hammocks of Palm Harbor, FL

How many homes are available in Hammocks of Palm Harbor, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The Hammocks of Palm Harbor real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Hammocks of Palm Harbor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hammocks of Palm Harbor, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hammocks of Palm Harbor in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hammocks of Palm Harbor, FL

How long does it take to sell a home in Hammocks of Palm Harbor, FL?

Average Sale Time

Mar 2024Apr 2024CHANGE
4 Days2 Days-50.0%

Summary: Homes in Hammocks of Palm Harbor had an average of 2 days on market in Apr 2024, down by 50% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hammocks of Palm Harbor are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Hammocks of Palm Harbor; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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