$6,674 Closing Credit*
$562,000
1,403 SqFt
3 Beds
•2 Full Baths
Allison T Johnston, Listing Office: Opendoor Brokerage LLC
Is Chapel Trail, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Chapel Trail has remained a Seller's Market.
Key Takeaway
Chapel Trail is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chapel Trail, FL
How much do homes in Chapel Trail, FL cost?
Median Sold Price
$620,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$6,000(-1.0%)
Key Takeaway
Homes in Chapel Trail have sold for 1% less than they did a year ago.
Summary: The median home sold price in Chapel Trail was $620,000 in August 2024, down 1% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $395K | $395K | 0.0% |
| 3 Bedrooms | $540K | $555K | +2.8% |
| 4 Bedrooms | $740K | $715K | -3.4% |
| 5+ Bedrooms | $800K | $855K | +6.9% |
Summary: Chapel Trail housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in Chapel Trail, FL
How many homes are available in Chapel Trail, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 44 | 40 | -9.1% |
Summary: The Chapel Trail real estate market had 40 homes for sale in August 2024, a 9.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 21 | 18 | -14.3% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Chapel Trail housing inventory by bedroom type for August 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 14.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chapel Trail, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Chapel Trail in August 2024, down by 46.2% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Chapel Trail, FL
How long does it take to sell a home in Chapel Trail, FL?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 41 Days | 31 Days | -26.0% |
Summary: Homes in Chapel Trail had an average of 31 days on market in Aug 2024, down by 26% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Chapel Trail are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 7 homes were sold in Chapel Trail; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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