$10,000 Closing Credit*
$899,500
2,035 SqFt
3 Beds
•2 Full Baths, 1 Partial
Royanna Mora, Listing Office: RLC Realty LLC
Is Hillcrest, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Hillcrest has remained a Buyer's Market.
Key Takeaway
Hillcrest is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hillcrest, FL
How much do homes in Hillcrest, FL cost?
Median Sold Price
$225,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,000(+7.1%)
Key Takeaway
Homes in Hillcrest have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Hillcrest was $225,000 in November 2024, up 7.1% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169.9K | $165K | -2.9% |
| 2 Bedrooms | $215K | $234.9K | +9.3% |
| 3 Bedrooms | $602.5K | $640K | +6.2% |
| 4 Bedrooms | $860.1K | $819.5K | -4.7% |
| 5+ Bedrooms | $1.1M | $950K | -13.6% |
Summary: Hillcrest housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 13.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Park East | $455K | $533.7K | +17.3% |
| Hillcrest | $210K | $225K | +7.1% |
| Hollywood Hills | $600K | $624.2K | +4.0% |
Housing Supply in Hillcrest, FL
How many homes are available in Hillcrest, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 87 | 100 | +14.9% |
Summary: The Hillcrest real estate market had 100 homes for sale in November 2024, a 14.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 28 | +12.0% |
| 2 Bedrooms | 46 | 53 | +15.2% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Hillcrest housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hillcrest, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Hillcrest in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.
Days on Market for Hillcrest, FL
How long does it take to sell a home in Hillcrest, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 100 Days | +387.2% |
Summary: Homes in Hillcrest had an average of 100 days on market in Nov 2024, up by 387.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Hillcrest are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 11 homes were sold in Hillcrest; 18% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
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