Is Arcadia East, 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, Arcadia East was a Seller's Market.
Housing Prices in Arcadia East, FL
How much do homes in Arcadia East, FL cost?
Median Sold Price
$229,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Arcadia East was $229,000 in May 2024, down 2.6% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | $150K | +17.6% |
2 Bedrooms | $165K | $155K | -6.1% |
3 Bedrooms | $250K | $240K | -4.0% |
4 Bedrooms | $280K | $277.5K | -0.9% |
5+ Bedrooms | $329.5K | $210K | -36.3% |
Summary: Arcadia East housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 36.3%.
Median Sold Price Compared To Nearby Cities
Arcadia | $241K | $245K | +1.7% |
Arcadia East | $235K | $229K | -2.6% |
Arcadia West | $298.5K | $277K | -7.2% |
Housing Supply in Arcadia East, FL
How many homes are available in Arcadia East, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
64 | 69 | +7.8% |
Summary: The Arcadia East real estate market had 69 homes for sale in May 2024, a 7.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 11 | +83.3% |
3 Bedrooms | 46 | 43 | -6.5% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Arcadia East 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 increased by 83.3%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Arcadia East in May 2024, up by 37.5% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Arcadia East, FL
How long does it take to sell a home in Arcadia East, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
87 Days | 62 Days | -27.8% |
Summary: Homes in Arcadia East had an average of 62 days on market in May 2024, down by 27.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Arcadia East; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.