Fish Hawk, FL New Homes For Sale

In October 2024, Fish Hawk home prices saw a modest increase of 1.3% compared to the previous year, with a median sale price of $504K. However, the market has noticeably slowed, as homes now take an average of 69 days to sell, a significant jump from just 21 days in October 2023. This extended time on the market reflects a cooling demand or cautious buyer behavior. Additionally, only 17 homes were sold in October 2024, a sharp decline from the 30 homes sold during the same period last year. These trends suggest a shift in the market dynamics, potentially influenced by changing economic conditions or buyer preferences.

Fish Hawk's housing market is moderately competitive. On average, homes sell in about 50 days, with some receiving multiple offers. Most properties sell for approximately 3% below the listing price and typically go under contract within 50 days. However, highly sought-after "hot" homes can sell closer to the listing price and often go pending within just 11 days, highlighting pockets of strong demand within the market.

As of November 2024, Fish Hawk, FL, is a seller's market, indicating strong demand for homes with more buyers than available properties. This imbalance often leads to increased competition among buyers, giving sellers the advantage in negotiations and potentially driving up home prices.