Is Hypoluxo, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hypoluxo is a buyer's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

Hypoluxo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Hypoluxo, FL cost?

Median Sold Price

$400,000

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$108,000(+37.0%)

Key Takeaway

Homes in Hypoluxo have sold for 37% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $202.5K$220K
+8.6%
2 $237.5K$330K
+38.9%
3 $374.5K$525K
+40.2%
4 $561.2K$613K
+9.2%
5+ $1.5M-
N/A

Median Sold Price Compared To Nearby Cities

Hypoluxo
+37.0%
Boynton Beach-Delray Beach
+23.5%
Boynton Beach
+21.4%
Lantana
+9.2%

How many homes are available in Hypoluxo, FL?

Number of Homes For Sale

Oct 2022Nov 2022%
2331+34.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 1823
+27.8%
3 58
+60.0%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hypoluxo, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days46 Days+167.4%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hypoluxo 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 Hypoluxo, FL

Hypoluxo, FL has 31 homes on the market. In November 2022 in Hypoluxo, FL there were 34.8% more homes for sale than in October 2022. In November 2022, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $400,000. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties increased by 8.6%, prices of 2 bedrooms properties increased by 38.9%, 3 bedrooms properties prices increased by 40.2%, the cost of 4 bedrooms properties went up by 9.2%, 5 bedrooms properties became 0% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, the quantity of 2 bedrooms homes went up by 27.8%, the quantity of 3 bedrooms homes went up by 60%, 4 bedrooms homes inventory did not change, the quantity of 5 bedrooms homes have not changed. While more than 1 listings in Hypoluxo, FL in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.

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