Is East Deerfield Beach / East Pompano Beach, 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, East Deerfield Beach / East Pompano Beach was a Seller's Market.
Housing Prices in East Deerfield Beach / East Pompano Beach, FL
How much do homes in East Deerfield Beach / East Pompano Beach, FL cost?
Median Sold Price
$594,166
$437/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Deerfield Beach / East Pompano Beach was $594,166 in April 2024, up 11.1% from last year, and the median price per square foot was $437.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $267.4K | $277.5K | +3.8% |
2 Bedrooms | $442K | $467K | +5.7% |
3 Bedrooms | $830K | $925K | +11.4% |
4 Bedrooms | $1.1M | $1.1M | -5.1% |
5+ Bedrooms | $2.9M | $3.7M | +28.6% |
Summary: East Deerfield Beach / East Pompano Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 28.6%.
Median Sold Price Compared To Nearby Neighborhoods
East Deerfield Beach / East Pompano Beach | $535K | $594.1K | +11.1% |
Beach | $420K | $425K | +1.2% |
Housing Supply in East Deerfield Beach / East Pompano Beach, FL
How many homes are available in East Deerfield Beach / East Pompano Beach, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
322 | 349 | +8.4% |
Summary: The East Deerfield Beach / East Pompano Beach real estate market had 349 homes for sale in April 2024, a 8.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 39 | 38 | -2.6% |
2 Bedrooms | 127 | 135 | +6.3% |
3 Bedrooms | 91 | 108 | +18.7% |
4 Bedrooms | 36 | 36 | 0.0% |
5+ Bedrooms | 29 | 32 | +10.3% |
Summary: The East Deerfield Beach / East Pompano Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 18.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 38 | 0.0% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 38 homes were sold or pending in East Deerfield Beach / East Pompano Beach in April 2024, the same as the previous month. Of the 38 sold homes, 87% were sold under asking, 11% were sold at asking, and 3% were sold over asking.
Days on Market for East Deerfield Beach / East Pompano Beach, FL
How long does it take to sell a home in East Deerfield Beach / East Pompano Beach, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 65 Days | +43.4% |
Summary: Homes in East Deerfield Beach / East Pompano Beach had an average of 65 days on market in Apr 2024, up by 43.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in East Deerfield Beach / East Pompano Beach; 45% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.