Is Coquina Key, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coquina Key is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Coquina Key has remained a Seller's Market.

Key Takeaway

Coquina Key is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Coquina Key, FL

How much do homes in Coquina Key, FL cost?

Median Sold Price

$365,000

$407/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,500(+1.8%)

Key Takeaway

Homes in Coquina Key have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Coquina Key was $365,000 in April 2024, up 1.8% from last year, and the median price per square foot was $407.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $250K$265.5K
+6.2%
2 $370K$377K
+1.9%
3 $375K$450K
+20.0%
4 $940K$465K
-50.5%
5+ --
N/A

Summary: Coquina Key housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 50.5%, and 5+ bedroom homes did not change.

Housing Supply in Coquina Key, FL

How many homes are available in Coquina Key, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7375+2.7%

Summary: The Coquina Key real estate market had 75 homes for sale in April 2024, a 2.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1716
-5.9%
2 3237
+15.6%
3 1818
0.0%
4 64
-33.3%
5+ 00
0.0%

Summary: The Coquina Key housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes increased by 15.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1216+33.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coquina Key, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Coquina Key in April 2024, up by 33.3% month-over-month. Of the 16 sold homes, 56% were sold under asking, 31% were sold at asking, and 13% were sold over asking.

Days on Market for Coquina Key, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days35 Days-22.0%

Summary: Homes in Coquina Key had an average of 35 days on market in Apr 2024, down by 22% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 16 homes were sold in Coquina Key; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% 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 9 Days Ago

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