Is Casey Key, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Casey Key is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Casey Key was a Seller's Market.

Key Takeaway

Casey Key is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Casey Key, FL

How much do homes in Casey Key, FL cost?

Median Sold Price

$2,850,000

$1,039/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$762,500(+36.5%)

Key Takeaway

Homes in Casey Key have sold for 36.5% more than they did a year ago.

Summary: The median home sold price in Casey Key was $2,850,000 in April 2024, up 36.5% from last year, and the median price per square foot was $1,039.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $3.3M$2.7M
-17.4%
3 $2.0M$2.5M
+28.0%
4 $754.3K$1.7M
+126.3%
5+ $3.4M$8.8M
+153.8%

Summary: Casey Key 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 17.4%, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 126.3%, and 5+ bedroom homes increased by 153.8%.

Median Sold Price Compared To Nearby Neighborhoods

Casey Key
+36.5%
Siesta Key
+5.7%

Housing Supply in Casey Key, FL

How many homes are available in Casey Key, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
30300.0%

Summary: The Casey Key real estate market had 30 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 77
0.0%
3 54
-20.0%
4 89
+12.5%
5+ 99
0.0%

Summary: The Casey Key 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

5 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 Casey Key, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Casey Key in April 2024, up by 100.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Casey Key, FL

How long does it take to sell a home in Casey Key, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
61 Days202 Days+231.1%

Summary: Homes in Casey Key had an average of 202 days on market in Apr 2024, up by 231.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Casey Key are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 5 homes were sold in Casey Key; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 3 Days Ago

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