Is Arcadia East, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Arcadia East was a Buyer's Market.
Key Takeaway
Arcadia East is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Arcadia East, FL
How much do homes in Arcadia East, FL cost?
Median Sold Price
$228,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Arcadia East have sold for 3% less than they did a year ago.
Summary: The median home sold price in Arcadia East was $228,000 in March 2024, down 3% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.5K | $150K | +17.6% |
| 2 Bedrooms | $155K | $157.7K | +1.8% |
| 3 Bedrooms | $241.5K | $236K | -2.3% |
| 4 Bedrooms | $280K | $275K | -1.8% |
| 5+ Bedrooms | $350K | $259.5K | -25.9% |
Summary: Arcadia East housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 25.9%.
Median Sold Price Compared To Nearby Cities
| Arcadia | $235K | $235K | 0.0% |
| Arcadia West | $285K | $279K | -2.1% |
| Arcadia East | $235K | $228K | -3.0% |
Housing Supply in Arcadia East, FL
How many homes are available in Arcadia East, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 72 | 77 | +6.9% |
Summary: The Arcadia East real estate market had 77 homes for sale in March 2024, a 6.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 45 | 53 | +17.8% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Arcadia East housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 17.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 19 | +72.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Arcadia East, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Arcadia East in March 2024, up by 72.7% month-over-month. Of the 19 sold homes, 68% were sold under asking, 26% were sold at asking, and 5% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 19 Days | 98 Days | +408.7% |
Summary: Homes in Arcadia East had an average of 98 days on market in Mar 2024, up by 408.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Arcadia East are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 19 homes were sold in Arcadia East; 42% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.