Is Emerald Island, 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, Emerald Island was a Seller's Market.
Housing Prices in Emerald Island, FL
How much do homes in Emerald Island, FL cost?
Median Sold Price
$485,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Emerald Island was $485,000 in April 2024, down 0.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $325K | $310K | -4.6% |
4 Bedrooms | $356.5K | $460K | +29.0% |
5+ Bedrooms | $600K | $580K | -3.3% |
Summary: Emerald Island 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 did not change, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 29%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Neighborhoods
Emerald Island | $489.5K | $485K | -0.9% |
Four Corners | $410.6K | $404.8K | -1.4% |
Housing Supply in Emerald Island, FL
How many homes are available in Emerald Island, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 49 | +11.4% |
Summary: The Emerald Island real estate market had 49 homes for sale in April 2024, a 11.4% increase 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 | 0 | 0 | 0.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 25 | 27 | +8.0% |
Summary: The Emerald Island 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Emerald Island in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Emerald Island, FL
How long does it take to sell a home in Emerald Island, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 153 Days | +274.1% |
Summary: Homes in Emerald Island had an average of 153 days on market in Apr 2024, up by 274.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Emerald Island; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.