Is Admiral's Cove, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Admiral's Cove was a Seller's Market.
Housing Prices in Admiral's Cove, FL
How much do homes in Admiral's Cove, FL cost?
Median Sold Price
$4,074,675
$1,181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Admiral's Cove was $4,074,675 in April 2024, down 9.5% from last year, and the median price per square foot was $1,181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $2.0M | $2.0M | +0.6% |
3 Bedrooms | $2.5M | $3.2M | +30.0% |
4 Bedrooms | $6.8M | $5.8M | -14.5% |
5+ Bedrooms | $7.5M | $11.8M | +57.7% |
Summary: Admiral's Cove housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes increased by 57.7%.
Median Sold Price Compared To Nearby Neighborhoods
Jonathan's Landing | $759K | $935K | +23.2% |
Admiral's Cove | $4.5M | $4.0M | -9.5% |
Housing Supply in Admiral's Cove, FL
How many homes are available in Admiral's Cove, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 39 | +18.2% |
Summary: The Admiral's Cove real estate market had 39 homes for sale in April 2024, a 18.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Admiral's Cove housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Admiral's Cove in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Admiral's Cove, FL
How long does it take to sell a home in Admiral's Cove, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
89 Days | 62 Days | -30.2% |
Summary: Homes in Admiral's Cove had an average of 62 days on market in Apr 2024, down by 30.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Admiral's Cove; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.