Is Frenchman's Reserve, 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, Frenchman's Reserve was a Buyer's Market.
Housing Prices in Frenchman's Reserve, FL
How much do homes in Frenchman's Reserve, FL cost?
Median Sold Price
$2,700,000
$600/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Frenchman's Reserve was $2,700,000 in April 2024, up 27.1% from last year, and the median price per square foot was $600.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $843K | $900K | +6.8% |
3 Bedrooms | $2.2M | $2.5M | +11.9% |
4 Bedrooms | $2.2M | $2.2M | -3.3% |
5+ Bedrooms | $3.0M | $2.8M | -4.2% |
Summary: Frenchman's Reserve 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 6.8%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Neighborhoods
Frenchman's Reserve | $2.1M | $2.7M | +27.1% |
Sanctuary | $970.2K | $1.1M | +18.4% |
Frenchman's Creek | $2.5M | $2.0M | -19.4% |
Housing Supply in Frenchman's Reserve, FL
How many homes are available in Frenchman's Reserve, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Summary: The Frenchman's Reserve real estate market had 11 homes for sale in April 2024, a 8.3% 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 | 2 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Frenchman's Reserve 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 increased by 33.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Frenchman's Reserve in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Frenchman's Reserve, FL
How long does it take to sell a home in Frenchman's Reserve, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
124 Days | 59 Days | -52.0% |
Summary: Homes in Frenchman's Reserve had an average of 59 days on market in Apr 2024, down by 52% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Frenchman's Reserve; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.