Is Cutler, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cutler was a Seller's Market.
Key Takeaway
Cutler is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cutler, FL
How much do homes in Cutler, FL cost?
Median Sold Price
$1,200,700
$492/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cutler have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Cutler was $1,200,700 in April 2024, up 11.7% from last year, and the median price per square foot was $492.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $198K | +4.2% |
| 2 Bedrooms | $285K | $292.4K | +2.6% |
| 3 Bedrooms | $920K | $965K | +4.9% |
| 4 Bedrooms | $1.0M | $1.2M | +14.2% |
| 5+ Bedrooms | $1.3M | $1.5M | +13.9% |
Summary: Cutler housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 13.9%.
Housing Supply in Cutler, FL
How many homes are available in Cutler, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 107 | 115 | +7.5% |
Summary: The Cutler real estate market had 115 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 23 | 26 | +13.0% |
| 4 Bedrooms | 45 | 46 | +2.2% |
| 5+ Bedrooms | 32 | 35 | +9.4% |
Summary: The Cutler housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 9.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 14 | -33.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cutler, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Cutler in April 2024, down by 33.3% month-over-month. Of the 14 sold homes, 86% were sold under asking, 7% were sold at asking, and 7% were sold over asking.
Days on Market for Cutler, FL
How long does it take to sell a home in Cutler, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 103 Days | 65 Days | -36.9% |
Summary: Homes in Cutler had an average of 65 days on market in Apr 2024, down by 36.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Cutler are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 14 homes were sold in Cutler; 36% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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