Is Crestwynd Bay, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crestwynd Bay is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Crestwynd Bay has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Crestwynd Bay, FL

How much do homes in Crestwynd Bay, FL cost?

Median Sold Price

$302,000

$254/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$37,000(+14.0%)

Key Takeaway

Homes in Crestwynd Bay have sold for 14% more than they did a month ago.

Summary: The median home sold price in Crestwynd Bay was $302,000 in March 2024, up 14% from last month, and the median price per square foot was $254.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $265K$302K
+14.0%
4 --
N/A
5+ --
N/A

Summary: Crestwynd Bay housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 14%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Crestwynd Bay, FL

How many homes are available in Crestwynd Bay, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
330.0%

Summary: The Crestwynd Bay real estate market had 3 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Crestwynd Bay housing inventory by bedroom type for March 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crestwynd Bay, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Crestwynd Bay, FL

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

Average Sale Time

Feb 2024Mar 2024CHANGE
159 Days166 Days+4.4%

Summary: Homes in Crestwynd Bay had an average of 166 days on market in Mar 2024, up by 4.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Crestwynd Bay are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Crestwynd Bay; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 26 Days Ago

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