Is Cedar Hills, 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, Cedar Hills has remained a Seller's Market.
Key Takeaway
Cedar Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cedar Hills, FL
How much do homes in Cedar Hills, FL cost?
Median Sold Price
$225,700
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cedar Hills have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Cedar Hills was $225,700 in April 2024, up 2.6% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $140K | -6.7% |
| 3 Bedrooms | $203.2K | $225K | +10.7% |
| 4 Bedrooms | $250K | $255K | +2.0% |
| 5+ Bedrooms | $185K | $177.6K | -4.0% |
Summary: Cedar Hills 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 6.7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Neighborhoods
| Cedar Hills | $220K | $225.7K | +2.6% |
| Sweetwater | $228K | $229.9K | +0.8% |
Housing Supply in Cedar Hills, FL
How many homes are available in Cedar Hills, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 49 | +11.4% |
Summary: The Cedar Hills real estate market had 49 homes for sale in April 2024, a 11.4% 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 | 5 | 3 | -40.0% |
| 3 Bedrooms | 19 | 25 | +31.6% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cedar Hills 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 decreased by 40%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar Hills, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Cedar Hills in April 2024, down by 16.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.
Days on Market for Cedar Hills, FL
How long does it take to sell a home in Cedar Hills, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 54 Days | -9.1% |
Summary: Homes in Cedar Hills had an average of 54 days on market in Apr 2024, down by 9.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cedar Hills are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Cedar Hills; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.