Is Coral Heights, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coral Heights is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Coral Heights was a Seller's Market.

Key Takeaway

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

Housing Prices in Coral Heights, FL

How much do homes in Coral Heights, FL cost?

Median Sold Price

$340,000

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,000(+1.5%)

Key Takeaway

Homes in Coral Heights have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Coral Heights was $340,000 in April 2024, up 1.5% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $319K$330K
+3.4%
3 $341.5K$345K
+1.0%
4 $338K$435K
+28.7%
5+ $547.4K-
N/A

Summary: Coral Heights 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 3.4%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 28.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Coral Heights
+1.5%
East Bay Country Club
-8.7%
Fairway Village
-17.7%

Housing Supply in Coral Heights, FL

How many homes are available in Coral Heights, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
11110.0%

Summary: The Coral Heights real estate market had 11 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 76
-14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Coral Heights 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 increased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coral Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Coral Heights in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Coral Heights, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
3 Days4 Days+33.3%

Summary: Homes in Coral Heights had an average of 4 days on market in Apr 2024, up by 33.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Coral Heights; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 19 Days Ago

Newest Listings in Coral Heights, FL

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