$4,382 Closing Credit*
$369,000
1,296 SqFt
3 Beds
•2 Full Baths, 1 Partial
Karen E Krasuna, Listing Office: Coldwell Banker
Is Hypoluxo, 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, 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.
Housing Prices in Hypoluxo, FL
How much do homes in Hypoluxo, FL cost?
Median Sold Price
$390,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,050(+14.1%)
Key Takeaway
Homes in Hypoluxo have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Hypoluxo was $390,000 in October 2024, up 14.1% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $269.9K | - | N/A |
| 2 Bedrooms | $302K | $298K | -1.3% |
| 3 Bedrooms | $550K | $505K | -8.2% |
| 4 Bedrooms | $727.5K | - | N/A |
| 5+ Bedrooms | $2.4M | $1.7M | -25.8% |
Summary: Hypoluxo 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 decreased by 1.3%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 25.8%.
Median Sold Price Compared To Nearby Cities
| Hypoluxo | $341.9K | $390K | +14.1% |
| Lantana | $365K | $406.4K | +11.3% |
| Boynton Beach-Delray Beach | $379.1K | $399.7K | +5.4% |
| Boynton Beach | $396.1K | $415.1K | +4.8% |
Housing Supply in Hypoluxo, FL
How many homes are available in Hypoluxo, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 56 | +19.1% |
Summary: The Hypoluxo real estate market had 56 homes for sale in October 2024, a 19.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 29 | 33 | +13.8% |
| 3 Bedrooms | 16 | 20 | +25.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hypoluxo housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hypoluxo, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Hypoluxo in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hypoluxo, FL
How long does it take to sell a home in Hypoluxo, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 69 Days | +23.2% |
Summary: Homes in Hypoluxo had an average of 69 days on market in Oct 2024, up by 23.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Hypoluxo are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in Hypoluxo; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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