Is Frenchman's Creek, 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, Frenchman's Creek has remained a Seller's Market.
Key Takeaway
Frenchman's Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Frenchman's Creek, FL
How much do homes in Frenchman's Creek, FL cost?
Median Sold Price
$2,075,000
$634/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Frenchman's Creek have sold for 19.4% less than they did a year ago.
Summary: The median home sold price in Frenchman's Creek was $2,075,000 in April 2024, down 19.4% from last year, and the median price per square foot was $634.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $1.4M | N/A |
| 3 Bedrooms | $1.9M | $1.8M | -9.4% |
| 4 Bedrooms | $2.3M | $2.7M | +14.9% |
| 5+ Bedrooms | $3.3M | $4.4M | +33.3% |
Summary: Frenchman's Creek 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 9.4%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Sanctuary | $970.2K | $1.1M | +18.4% |
| Frenchman's Creek | $2.5M | $2.0M | -19.4% |
Housing Supply in Frenchman's Creek, FL
How many homes are available in Frenchman's Creek, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Frenchman's Creek real estate market had 23 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Frenchman's Creek 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Frenchman's Creek, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Frenchman's Creek in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Frenchman's Creek, FL
How long does it take to sell a home in Frenchman's Creek, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 68 Days | 9 Days | -86.9% |
Summary: Homes in Frenchman's Creek had an average of 9 days on market in Apr 2024, down by 86.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Frenchman's Creek are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Frenchman's Creek; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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