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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hillcrest is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hillcrest was a Seller'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

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+4.7%)

Key Takeaway

Homes in Hillcrest have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Hillcrest was $225,000 in October 2024, up 4.7% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K$165K
0.0%
2 $217K$237.5K
+9.4%
3 $602.5K$645K
+7.1%
4 $960.3K$819.5K
-14.7%
5+ $1.0M-
N/A

Summary: Hillcrest housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Park East
+13.9%
Hollywood Hills
+7.4%
Hillcrest
+4.7%

Housing Supply in Hillcrest, FL

How many homes are available in Hillcrest, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98980.0%

Summary: The Hillcrest real estate market had 98 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2630
+15.4%
2 5449
-9.3%
3 1111
0.0%
4 44
0.0%
5+ 34
+33.3%

Summary: The Hillcrest housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.4%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillcrest, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Hillcrest in October 2024, down by 58.3% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% 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

Oct 2023Oct 2024CHANGE
50 Days74 Days+46.4%

Summary: Homes in Hillcrest had an average of 74 days on market in Oct 2024, up by 46.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hillcrest has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Hillcrest; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Hillcrest, FL

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