$10,000 Closing Credit*
$1,649,000
3,870 SqFt
5 Beds
•5 Full Baths
Janet Salam, Listing Office: COASTAL GATEWAY REAL ESTATE GR
Is Ocean Hammock, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Ocean Hammock was a Seller's Market.
Key Takeaway
Ocean Hammock is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ocean Hammock, FL
How much do homes in Ocean Hammock, FL cost?
Median Sold Price
$862,450
$492/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$32,450(+3.9%)
Key Takeaway
Homes in Ocean Hammock have sold for 3.9% more than they did a month ago.
Summary: The median home sold price in Ocean Hammock was $862,450 in October 2024, up 3.9% from last month, and the median price per square foot was $492.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $772.5K | $750K | -2.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $1.6M | $5.0M | +207.7% |
Summary: Ocean Hammock 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 did not change, 3 bedroom homes decreased by 2.9%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 207.7%.
Housing Supply in Ocean Hammock, FL
How many homes are available in Ocean Hammock, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Summary: The Ocean Hammock real estate market had 28 homes for sale in October 2024, a 3.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Ocean Hammock 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 remained the same, 3 bedroom homes decreased by 3.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ocean Hammock, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Ocean Hammock in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Ocean Hammock, FL
How long does it take to sell a home in Ocean Hammock, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 110 Days | +522.2% |
Summary: Homes in Ocean Hammock had an average of 110 days on market in Oct 2024, up by 522.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ocean Hammock has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Ocean Hammock; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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