Is Cresthaven, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cresthaven has remained a Seller's Market.
Key Takeaway
Cresthaven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cresthaven, FL
How much do homes in Cresthaven, FL cost?
Median Sold Price
$397,450
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cresthaven have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Cresthaven was $397,450 in April 2024, up 6.7% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122K | $144.8K | +18.7% |
| 2 Bedrooms | $344.5K | $363K | +5.4% |
| 3 Bedrooms | $395.5K | $412.5K | +4.3% |
| 4 Bedrooms | $400.1K | $450K | +12.5% |
| 5+ Bedrooms | - | $579K | N/A |
Summary: Cresthaven housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.7%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Kendall Green | $360K | $400K | +11.1% |
| East Deerfield Beach / East Pompano Beach | $535K | $594.1K | +11.1% |
| Cresthaven | $372.5K | $397.4K | +6.7% |
Housing Supply in Cresthaven, FL
How many homes are available in Cresthaven, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 26 | +30.0% |
Summary: The Cresthaven real estate market had 26 homes for sale in April 2024, a 30.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cresthaven housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
6 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 Cresthaven, 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 Cresthaven in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Cresthaven, FL
How long does it take to sell a home in Cresthaven, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 60 Days | +25.6% |
Summary: Homes in Cresthaven had an average of 60 days on market in Apr 2024, up by 25.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cresthaven has remained consistent over time.
Summary: During April 2024, 7 homes were sold in Cresthaven; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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