Is Hillcrest, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Hillcrest was a Seller's Market.
Housing Prices in Hillcrest, FL
How much do homes in Hillcrest, FL cost?
Median Sold Price
$220,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hillcrest was $220,000 in April 2024, up 10.7% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $165K | +3.1% |
2 Bedrooms | $215K | $225K | +4.7% |
3 Bedrooms | $700K | $535K | -23.6% |
4 Bedrooms | $843.5K | $899.6K | +6.7% |
5+ Bedrooms | $1.0M | $1.0M | -2.1% |
Summary: Hillcrest housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.1%, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 23.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 2.1%.
Median Sold Price Compared To Nearby Neighborhoods
Hillcrest | $198.7K | $220K | +10.7% |
Park East | $475K | $512K | +7.8% |
Hollywood Hills | $587.5K | $607.5K | +3.4% |
Housing Supply in Hillcrest, FL
How many homes are available in Hillcrest, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 87 | +17.6% |
Summary: The Hillcrest real estate market had 87 homes for sale in April 2024, a 17.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 21 | +5.0% |
2 Bedrooms | 38 | 47 | +23.7% |
3 Bedrooms | 13 | 15 | +15.4% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hillcrest housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 23.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Hillcrest in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hillcrest, FL
How long does it take to sell a home in Hillcrest, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 54 Days | +61.3% |
Summary: Homes in Hillcrest had an average of 54 days on market in Apr 2024, up by 61.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Hillcrest; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.