$10,000 Closing Credit*
$1,100,000
2,640 SqFt
4 Beds
•4 Full Baths
Shirley Lanata Aroca, Listing Office: Related ISG Realty, LLC.
Is Hammocks, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hammocks was a Seller's Market.
Key Takeaway
Hammocks is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hammocks, FL
How much do homes in Hammocks, FL cost?
Median Sold Price
$505,833
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,891(-0.4%)
Key Takeaway
The sold price of homes in Hammocks has remained the same since last year.
Summary: The median home sold price in Hammocks was $505,833 in October 2024, down 0.4% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $245K | +8.9% |
| 2 Bedrooms | $290K | $312.5K | +7.8% |
| 3 Bedrooms | $490K | $500K | +2.0% |
| 4 Bedrooms | $629.5K | $689.5K | +9.5% |
| 5+ Bedrooms | $602.5K | $650K | +7.9% |
Summary: Hammocks housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 7.9%.
Housing Supply in Hammocks, FL
How many homes are available in Hammocks, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 117 | +5.4% |
Summary: The Hammocks real estate market had 117 homes for sale in October 2024, a 5.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 13 | +8.3% |
| 2 Bedrooms | 19 | 20 | +5.3% |
| 3 Bedrooms | 40 | 41 | +2.5% |
| 4 Bedrooms | 33 | 35 | +6.1% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Hammocks housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 14 | -44.0% |
Asking Price vs. Sold Price
11 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 Hammocks, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Hammocks in October 2024, down by 44.0% month-over-month. Of the 14 sold homes, 79% were sold under asking, 14% were sold at asking, and 7% were sold over asking.
Days on Market for Hammocks, FL
How long does it take to sell a home in Hammocks, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 53 Days | +135.6% |
Summary: Homes in Hammocks had an average of 53 days on market in Oct 2024, up by 135.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hammocks has remained consistent over time.
Summary: During October 2024, 14 homes were sold in Hammocks; 29% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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