Is Chapel Trail, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Chapel Trail was a Seller's Market.
Key Takeaway
Chapel Trail is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chapel Trail, FL
How much do homes in Chapel Trail, FL cost?
Median Sold Price
$627,500
$318/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Chapel Trail has remained the same since last year.
Summary: The median home sold price in Chapel Trail was $627,500 in April 2024, up 0.2% from last year, and the median price per square foot was $318.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $380K | $407.5K | +7.2% |
| 3 Bedrooms | $535K | $580K | +8.4% |
| 4 Bedrooms | $732.2K | $735K | 0.4% |
| 5+ Bedrooms | $870K | $922K | +6.0% |
Summary: Chapel Trail 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 increased by 7.2%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 6%.
Housing Supply in Chapel Trail, FL
How many homes are available in Chapel Trail, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 39 | +2.6% |
Summary: The Chapel Trail real estate market had 39 homes for sale in April 2024, a 2.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Chapel Trail 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 increased by 15.8%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chapel Trail, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Chapel Trail in April 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 56 Days | 110 Days | +95.4% |
Summary: Homes in Chapel Trail had an average of 110 days on market in Apr 2024, up by 95.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chapel Trail has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Chapel Trail; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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