Is Century Village, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Century Village is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Century Village was a Seller's Market.

Key Takeaway

Century Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Century Village, FL

How much do homes in Century Village, FL cost?

Median Sold Price

$115,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,066(+15.1%)

Key Takeaway

Homes in Century Village have sold for 15.1% more than they did a year ago.

Summary: The median home sold price in Century Village was $115,000 in March 2024, up 15.1% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $85K$95K
+11.8%
2 $139.5K$165K
+18.3%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Century Village housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 18.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Century Village
+15.1%
Cypress Lakes
-0.7%

Housing Supply in Century Village, FL

How many homes are available in Century Village, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
309334+8.1%

Summary: The Century Village real estate market had 334 homes for sale in March 2024, a 8.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 187201
+7.5%
2 122133
+9.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Century Village housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3541+17.1%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Century Village, you may be able to get a good deal. 85.4% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Century Village in March 2024, up by 17.1% month-over-month. Of the 41 sold homes, 85% were sold under asking, 12% were sold at asking, and 2% were sold over asking.

Days on Market for Century Village, FL

How long does it take to sell a home in Century Village, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
35 Days70 Days+98.4%

Summary: Homes in Century Village had an average of 70 days on market in Mar 2024, up by 98.4% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Century Village are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 41 homes were sold in Century Village; 49% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 27% 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 29 Days Ago

Newest Listings in Century Village, FL

Nearby Markets to Century Village, FL