Is Cutler Ridge, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Cutler Ridge has remained a Seller's Market.
Housing Prices in Cutler Ridge, FL
How much do homes in Cutler Ridge, FL cost?
Median Sold Price
$565,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cutler Ridge was $565,000 in March 2024, up 6.6% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $178K | $180K | +1.1% |
2 Bedrooms | $255K | $245K | -3.9% |
3 Bedrooms | $514.2K | $556K | +8.1% |
4 Bedrooms | $567.5K | $597.5K | +5.3% |
5+ Bedrooms | $600K | $675K | +12.5% |
Summary: Cutler Ridge housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Neighborhoods
Cutler Ridge | $530K | $565K | +6.6% |
South Coral Homes | $510K | $525K | +2.9% |
Housing Supply in Cutler Ridge, FL
How many homes are available in Cutler Ridge, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 64 | -3.0% |
Summary: The Cutler Ridge real estate market had 64 homes for sale in March 2024, a 3.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 33 | 31 | -6.1% |
4 Bedrooms | 23 | 24 | +4.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Cutler Ridge housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Cutler Ridge in March 2024, up by 9.1% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.
Days on Market for Cutler Ridge, FL
How long does it take to sell a home in Cutler Ridge, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 52 Days | +20.7% |
Summary: Homes in Cutler Ridge had an average of 52 days on market in Mar 2024, up by 20.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Cutler Ridge; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.