Is Dundee, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Dundee was a Seller's Market.
Housing Prices in Dundee, FL
How much do homes in Dundee, FL cost?
Median Sold Price
$290,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dundee was $290,000 in May 2024, down 3.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $142K | N/A |
2 Bedrooms | $210K | $210K | 0.0% |
3 Bedrooms | $292K | $280K | -4.1% |
4 Bedrooms | $322K | $313.1K | -2.7% |
5+ Bedrooms | $329K | $325K | -1.2% |
Summary: Dundee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
Lake Hamilton | $265K | $278K | +4.9% |
Winter Haven | $307.6K | $299.9K | -2.5% |
Dundee | $300K | $290K | -3.3% |
Housing Supply in Dundee, FL
How many homes are available in Dundee, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 47 | +23.7% |
Summary: The Dundee real estate market had 47 homes for sale in May 2024, a 23.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 20 | 24 | +20.0% |
4 Bedrooms | 13 | 17 | +30.8% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Dundee housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Dundee in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Dundee, FL
How long does it take to sell a home in Dundee, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
72 Days | 41 Days | -43.4% |
Summary: Homes in Dundee had an average of 41 days on market in May 2024, down by 43.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Dundee; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.