$10,000 Closing Credit*
$1,497,500
2,867 SqFt
3 Beds
•3 Full Baths
Dina M McNeill, Listing Office: Compass Real Estate Group
Is North Hutchinson Island, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, North Hutchinson Island has remained a Buyer's Market.
Key Takeaway
North Hutchinson Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Hutchinson Island, FL
How much do homes in North Hutchinson Island, FL cost?
Median Sold Price
$597,450
$286/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$297,550(-33.2%)
Key Takeaway
Homes in North Hutchinson Island have sold for 33.2% less than they did a month ago.
Summary: The median home sold price in North Hutchinson Island was $597,450 in October 2024, down 33.2% from last month, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $865K | $245K | -71.7% |
| 3 Bedrooms | $925K | $949.9K | +2.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: North Hutchinson Island housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 71.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in North Hutchinson Island, FL
How many homes are available in North Hutchinson Island, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Summary: The North Hutchinson Island real estate market had 34 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The North Hutchinson Island 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 decreased by 7.1%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Hutchinson Island, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in North Hutchinson Island in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for North Hutchinson Island, FL
How long does it take to sell a home in North Hutchinson Island, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 109 Days | 54 Days | -50.8% |
Summary: Homes in North Hutchinson Island had an average of 54 days on market in Oct 2024, down by 50.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in North Hutchinson Island are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in North Hutchinson Island; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.