Is Fruit Cove, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Fruit Cove has remained a Seller's Market.
Housing Prices in Fruit Cove, FL
How much do homes in Fruit Cove, FL cost?
Median Sold Price
$550,917
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Fruit Cove was $550,917 in November 2023, up 1% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | - | $425K | N/A |
2 Bedrooms | $343K | $398.4K | +16.2% |
3 Bedrooms | $445K | $445.6K | 0.2% |
4 Bedrooms | $566.5K | $581K | +2.6% |
5+ Bedrooms | $715K | $749.3K | +4.8% |
Summary: Fruit Cove housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
Saint Johns | $527K | $539.3K | +2.3% |
Fruit Cove | $545.4K | $550.9K | +1.0% |
Jacksonville | $296.9K | $298.6K | +0.6% |
Jacksonville East | $337.6K | $336.4K | -0.4% |
Fleming Island | $450K | $430K | -4.4% |
Housing Supply in Fruit Cove, FL
How many homes are available in Fruit Cove, FL?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
397 | 347 | -12.6% |
Summary: The Fruit Cove real estate market had 347 homes for sale in November 2023, a 12.6% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 35 | 40 | +14.3% |
3 Bedrooms | 111 | 96 | -13.5% |
4 Bedrooms | 174 | 139 | -20.1% |
5+ Bedrooms | 77 | 72 | -6.5% |
Summary: The Fruit Cove housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes decreased by 20.1%, and 5+ bedroom homes decreased by 6.5%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
81 | 81 | 0.0% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 81 homes were sold or pending in Fruit Cove in November 2023, the same as the previous month. Of the 81 sold homes, 59% were sold under asking, 32% were sold at asking, and 9% were sold over asking.
Days on Market for Fruit Cove, FL
How long does it take to sell a home in Fruit Cove, FL?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
49 Days | 37 Days | -24.7% |
Summary: Homes in Fruit Cove had an average of 37 days on market in Nov 2023, down by 24.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During November 2023, 81 homes were sold in Fruit Cove; 5% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.