Is Crestwood, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crestwood is a buyer's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Crestwood, FL

How much do homes in Crestwood, FL cost?

Median Sold Price

$640,000

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$75,000(+13.3%)

Key Takeaway

Homes in Crestwood have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Crestwood was $640,000 in April 2024, up 13.3% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $413K-
N/A
3 $530K$540K
+1.9%
4 $625K$655K
+4.8%
5+ $602.5K$650K
+7.9%

Summary: Crestwood 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 did not change, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 7.9%.

Housing Supply in Crestwood, FL

How many homes are available in Crestwood, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1816-11.1%

Summary: The Crestwood real estate market had 16 homes for sale in April 2024, a 11.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 75
-28.6%
5+ 22
0.0%

Summary: The Crestwood 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 remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was 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 Crestwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Crestwood in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Crestwood, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
64 Days27 Days-57.0%

Summary: Homes in Crestwood had an average of 27 days on market in Apr 2024, down by 57% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Crestwood; 50% of homes were sold within 30 days, 50% 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 4 Days Ago

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