Is ChampionsGate, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing ChampionsGate is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, ChampionsGate has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in ChampionsGate, FL

How much do homes in ChampionsGate, FL cost?

Median Sold Price

$390,000

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$60,000(-13.3%)

Key Takeaway

Homes in ChampionsGate have sold for 13.3% less than they did a year ago.

Summary: The median home sold price in ChampionsGate was $390,000 in April 2024, down 13.3% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $295K$280K
-5.1%
3 $325K$324.9K
0%
4 $476K$445K
-6.5%
5+ $730K$699.9K
-4.1%

Summary: ChampionsGate 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 5.1%, 3 bedroom homes did not change, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 4.1%.

Median Sold Price Compared To Nearby Neighborhoods

The Promenade at BellaTrae
-4.2%
ChampionsGate
-13.3%

Housing Supply in ChampionsGate, FL

How many homes are available in ChampionsGate, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
190198+4.2%

Summary: The ChampionsGate real estate market had 198 homes for sale in April 2024, a 4.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 3130
-3.2%
3 5355
+3.8%
4 2829
+3.6%
5+ 7884
+7.7%

Summary: The ChampionsGate 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 3.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1828+55.6%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in ChampionsGate, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in ChampionsGate in April 2024, up by 55.6% month-over-month. Of the 28 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for ChampionsGate, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
56 Days89 Days+56.4%

Summary: Homes in ChampionsGate had an average of 89 days on market in Apr 2024, up by 56.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in ChampionsGate has remained consistent over time.

Summary: During April 2024, 28 homes were sold in ChampionsGate; 29% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 36% 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 1 Day Ago

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