Is East Arlington, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Arlington has remained a Seller's Market.
Key Takeaway
East Arlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Arlington, FL
How much do homes in East Arlington, FL cost?
Median Sold Price
$380,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Arlington have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in East Arlington was $380,000 in April 2024, down 2.4% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $227.8K | $230K | +0.9% |
| 3 Bedrooms | $362K | $357.5K | -1.2% |
| 4 Bedrooms | $434K | $440K | +1.4% |
| 5+ Bedrooms | $500K | $522.5K | +4.5% |
Summary: East Arlington 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 increased by 0.9%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 4.5%.
Housing Supply in East Arlington, FL
How many homes are available in East Arlington, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 62 | 55 | -11.3% |
Summary: The East Arlington real estate market had 55 homes for sale in April 2024, a 11.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 36 | 27 | -25.0% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The East Arlington 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 increased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Arlington, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in East Arlington in April 2024, down by 26.1% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.
Days on Market for East Arlington, FL
How long does it take to sell a home in East Arlington, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 12 Days | -67.3% |
Summary: Homes in East Arlington had an average of 12 days on market in Apr 2024, down by 67.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Arlington are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in East Arlington; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
