Is Hillsboro Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillsboro Beach is a neutral's market

Buyer's
Market

Difference Since June 2021

At the same time last year, Hillsboro Beach was a Seller's Market.

Key Takeaway

Hillsboro Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Hillsboro Beach, FL cost?

Median Sold Price

$629,000

$466/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$164,000(+35.3%)

Key Takeaway

Homes in Hillsboro Beach have sold for 35.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $181.5K$220K
+21.2%
2 $395.5K$532.5K
+34.6%
3 $740K$1.0M
+43.6%
4 $4.2M$2.7M
-35.3%
5+ $18.5M$3.5M
-80.7%

Median Sold Price Compared To Nearby Cities

Hillsboro Beach
+35.3%
Pompano Beach
+25.9%
Deerfield Beach
+16.8%
Lighthouse Point
-11.5%

How many homes are available in Hillsboro Beach, FL?

Number of Homes For Sale

May 2022Jun 2022%
2019-5.0%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 22
0.0%
2 1415
+7.1%
3 42
-50.0%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

May 2022Jun 2022%
43-25.0%

Asking Price vs. Sold Price

3 Homes Were 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 Hillsboro Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jun 2021Jun 2022%
78 Days19 Days-74.8%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hillsboro Beach are selling fast, if you're buying plan to act quickly.

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

About Hillsboro Beach, FL

Number of homes for sale in Hillsboro Beach, FL real estate market have reached 19. The number of listings in Hillsboro Beach, FL decreased by 5% between May 2022 and June 2022. The median list price of listings available in June 2022 was $629,000, while the average time on the real estate market was 19 days. This housing market listing prices have changed between May 2022 and June 2022: the cost of 1 bedroom properties went up by 21.2%, prices of 2 bedrooms properties increased by 34.6%, prices of 3 bedrooms properties went up by 43.6%, the cost of 4 bedrooms properties went down by 35.3%, the cost of 5 bedrooms properties went down by 80.7%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 7.1%, number of 3 bedrooms homes decreased by 50%, volume of 4 bedrooms homes stayed the same, 5 bedrooms homes did not move. While more than 0 listings in Hillsboro Beach, FL in June 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below.

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