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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deerwood is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Deerwood has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Deerwood, FL

How much do homes in Deerwood, FL cost?

Median Sold Price

$300,995

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$1,095(+0.4%)

Key Takeaway

The sold price of homes in Deerwood has remained the same since last year.

Summary: The median home sold price in Deerwood was $300,995 in April 2024, up 0.4% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $190.5K$177.5K
-6.8%
2 $257K$250K
-2.7%
3 $324K$292K
-9.9%
4 $711K$622.5K
-12.4%
5+ $860K$827.5K
-3.8%

Summary: Deerwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.8%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 3.8%.

Median Sold Price Compared To Nearby Neighborhoods

Deerwood
0.4%
Point Meadows Place
-3.8%
Reserve at Pointe
-10.8%

Housing Supply in Deerwood, FL

How many homes are available in Deerwood, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
110126+14.5%

Summary: The Deerwood real estate market had 126 homes for sale in April 2024, a 14.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 47
+75.0%
2 4251
+21.4%
3 3839
+2.6%
4 1618
+12.5%
5+ 1011
+10.0%

Summary: The Deerwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1326+100.0%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deerwood, you may be able to get a good deal. 88.5% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Deerwood in April 2024, up by 100.0% month-over-month. Of the 26 sold homes, 88% were sold under asking, 8% were sold at asking, and 4% were sold over asking.

Days on Market for Deerwood, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
66 Days56 Days-14.7%

Summary: Homes in Deerwood had an average of 56 days on market in Apr 2024, down by 14.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Deerwood has remained consistent over time.

Summary: During April 2024, 26 homes were sold in Deerwood; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% 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 5 Days Ago

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