Is Andros Isle, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Andros Isle is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Andros Isle has remained a Seller's Market.

Key Takeaway

Andros Isle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Andros Isle, FL

How much do homes in Andros Isle, FL cost?

Median Sold Price

$470,000

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$19,500(-4.0%)

Key Takeaway

Homes in Andros Isle have sold for 4% less than they did a year ago.

Summary: The median home sold price in Andros Isle was $470,000 in April 2024, down 4% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $425K$421.2K
-0.9%
3 $490K$477.5K
-2.6%
4 $542K$570K
+5.2%
5+ $590K$649K
+10.0%

Summary: Andros Isle 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 decreased by 0.9%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 10%.

Housing Supply in Andros Isle, FL

How many homes are available in Andros Isle, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1211-8.3%

Summary: The Andros Isle real estate market had 11 homes for sale in April 2024, a 8.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 108
-20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Andros Isle 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Andros Isle, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Andros Isle in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Andros Isle, FL

How long does it take to sell a home in Andros Isle, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
7 Days60 Days+689.1%

Summary: Homes in Andros Isle had an average of 60 days on market in Apr 2024, up by 689.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Andros Isle has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Andros Isle; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Andros Isle, FL

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