Is Hypoluxo, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$368,900
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hypoluxo have sold for 6.6% less than they did a year ago.
Summary: The median home sold price in Hypoluxo was $368,900 in April 2024, down 6.6% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $269.9K | N/A |
| 2 Bedrooms | $320K | $305K | -4.7% |
| 3 Bedrooms | $532K | $532.5K | 0.1% |
| 4 Bedrooms | $680K | $775K | +14.0% |
| 5+ Bedrooms | - | $2.0M | N/A |
Summary: Hypoluxo housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 14%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Boynton Beach | $365K | $408.8K | +12.0% |
| Lantana | $350K | $381K | +8.9% |
| Boynton Beach-Delray Beach | $372.4K | $389.1K | +4.5% |
| Hypoluxo | $395K | $368.9K | -6.6% |
Housing Supply in Hypoluxo, FL
How many homes are available in Hypoluxo, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 42 | +5.0% |
Summary: The Hypoluxo real estate market had 42 homes for sale in April 2024, a 5.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 27 | 30 | +11.1% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Hypoluxo housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
5 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 5 homes were sold or pending in Hypoluxo in April 2024, down by 28.6% 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 Hypoluxo, FL
How long does it take to sell a home in Hypoluxo, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 83 Days | +132.2% |
Summary: Homes in Hypoluxo had an average of 83 days on market in Apr 2024, up by 132.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 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 April 2024, 5 homes were sold in Hypoluxo; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
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