Is Northeast Glades, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Northeast Glades has remained a Buyer's Market.
Housing Prices in Northeast Glades, FL
How much do homes in Northeast Glades, FL cost?
Median Sold Price
$220,750
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Northeast Glades was $220,750 in May 2024, down 11.3% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $69K | +6.2% |
2 Bedrooms | $165.7K | $139K | -16.1% |
3 Bedrooms | $315K | $255K | -19.0% |
4 Bedrooms | $287K | $2.8M | +875.6% |
5+ Bedrooms | $1.2M | $409K | -66.9% |
Summary: Northeast Glades housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 875.6%, and 5+ bedroom homes decreased by 66.9%.
Median Sold Price Compared To Nearby Cities
Indiantown | $580K | $705K | +21.6% |
Southwest Glades | $310K | $326.3K | +5.3% |
Belle Glade-Pahokee | $215K | $204.9K | -4.7% |
Northeast Glades | $249K | $220.7K | -11.3% |
Housing Supply in Northeast Glades, FL
How many homes are available in Northeast Glades, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
47 | 42 | -10.6% |
Summary: The Northeast Glades real estate market had 42 homes for sale in May 2024, a 10.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 29 | 25 | -13.8% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Northeast Glades 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 decreased by 7.7%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 4 | -63.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Northeast Glades in May 2024, down by 63.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Northeast Glades, FL
How long does it take to sell a home in Northeast Glades, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
61 Days | 58 Days | -4.5% |
Summary: Homes in Northeast Glades had an average of 58 days on market in May 2024, down by 4.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Northeast Glades; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.