Is Historic Hyde Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Historic Hyde Park has remained a Seller's Market.
Key Takeaway
Historic Hyde Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Historic Hyde Park, FL
How much do homes in Historic Hyde Park, FL cost?
Median Sold Price
$875,000
$538/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Historic Hyde Park have sold for 46.2% less than they did a year ago.
Summary: The median home sold price in Historic Hyde Park was $875,000 in April 2024, down 46.2% from last year, and the median price per square foot was $538.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $247.5K | $255.9K | +3.4% |
| 2 Bedrooms | $1.4M | $965K | -34.1% |
| 3 Bedrooms | $2.1M | $1.1M | -46.9% |
| 4 Bedrooms | $1.9M | $1.7M | -14.7% |
| 5+ Bedrooms | $1.7M | $3.2M | +83.8% |
Summary: Historic Hyde Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes decreased by 34.1%, 3 bedroom homes decreased by 46.9%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes increased by 83.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Hyde Park | $731.5K | $1.6M | +118.7% |
| Hyde Park North | $550K | $602.5K | +9.5% |
| Historic Hyde Park | $1.6M | $875K | -46.2% |
Housing Supply in Historic Hyde Park, FL
How many homes are available in Historic Hyde Park, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 34 | +30.8% |
Summary: The Historic Hyde Park real estate market had 34 homes for sale in April 2024, a 30.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 14 | +40.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Historic Hyde Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Historic Hyde Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Historic Hyde Park in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Historic Hyde Park, FL
How long does it take to sell a home in Historic Hyde Park, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 35 Days | -19.3% |
Summary: Homes in Historic Hyde Park had an average of 35 days on market in Apr 2024, down by 19.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Historic Hyde Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Historic Hyde Park; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.