Is Port Malabar Country Club, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Port Malabar Country Club has remained a Seller's Market.
Housing Prices in Port Malabar Country Club, FL
How much do homes in Port Malabar Country Club, FL cost?
Median Sold Price
$299,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Port Malabar Country Club was $299,000 in April 2024, down 0.3% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $121K | $129.2K | +6.8% |
2 Bedrooms | $225K | $192.5K | -14.4% |
3 Bedrooms | $275K | $300K | +9.1% |
4 Bedrooms | $506.3K | $385K | -24.0% |
5+ Bedrooms | $525K | $495K | -5.7% |
Summary: Port Malabar Country Club housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes decreased by 14.4%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 24%, and 5+ bedroom homes decreased by 5.7%.
Housing Supply in Port Malabar Country Club, FL
How many homes are available in Port Malabar Country Club, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 46 | -4.2% |
Summary: The Port Malabar Country Club real estate market had 46 homes for sale in April 2024, a 4.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 23 | 26 | +13.0% |
4 Bedrooms | 10 | 7 | -30.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Port Malabar Country Club housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Port Malabar Country Club in April 2024, down by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.
Days on Market for Port Malabar Country Club, FL
How long does it take to sell a home in Port Malabar Country Club, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 27 Days | -9.4% |
Summary: Homes in Port Malabar Country Club had an average of 27 days on market in Apr 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Port Malabar Country Club; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.