$5,166 Closing Credit*
$435,000
940 SqFt
1 Bed
•1 Full Bath, 1 Partial
Mary Elizabeth Zimmerman, Listing Office: RE/MAX Complete Solutions
Is Hillsboro Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hillsboro Beach was a Seller's Market.
Key Takeaway
Hillsboro Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hillsboro Beach, FL
How much do homes in Hillsboro Beach, FL cost?
Median Sold Price
$1,750,000
$784/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$1,125,000(+180.0%)
Key Takeaway
Homes in Hillsboro Beach have sold for 180% more than they did a month ago.
Summary: The median home sold price in Hillsboro Beach was $1,750,000 in September 2024, up 180% from last month, and the median price per square foot was $784.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | - | N/A |
| 2 Bedrooms | $682.5K | $1.7M | +156.4% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Hillsboro Beach housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 156.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Hillsboro Beach, FL
How many homes are available in Hillsboro Beach, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The Hillsboro Beach real estate market had 37 homes for sale in September 2024, a 2.6% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 27 | 25 | -7.4% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hillsboro Beach housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
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.
Summary: A total of 1 homes were sold or pending in Hillsboro Beach in September 2024, down by 85.7% month-over-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 Hillsboro Beach, FL
How long does it take to sell a home in Hillsboro Beach, FL?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 48 Days | 289 Days | +493.3% |
Summary: Homes in Hillsboro Beach had an average of 289 days on market in Sep 2024, up by 493.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Hillsboro Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 1 homes were sold in Hillsboro Beach; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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