Is Garden Manor, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Garden Manor is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Garden Manor has remained a Seller's Market.

Key Takeaway

Garden Manor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Garden Manor, FL

How much do homes in Garden Manor, FL cost?

Median Sold Price

$365,000

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,000(-1.4%)

Key Takeaway

Homes in Garden Manor have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Garden Manor was $365,000 in March 2024, down 1.4% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $319.2K$280K
-12.3%
3 $425K$375K
-11.8%
4 $485K$441.5K
-9.0%
5+ $435K-
N/A

Summary: Garden Manor housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Disston Heights
+5.6%
Holiday Park
-1.0%
Garden Manor
-1.4%

Housing Supply in Garden Manor, FL

How many homes are available in Garden Manor, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
76-14.3%

Summary: The Garden Manor real estate market had 6 homes for sale in March 2024, a 14.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Garden Manor housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Garden Manor, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Garden Manor in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Garden Manor, FL

How long does it take to sell a home in Garden Manor, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
5 Days33 Days+482.4%

Summary: Homes in Garden Manor had an average of 33 days on market in Mar 2024, up by 482.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Garden Manor are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Garden Manor; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Garden Manor, FL

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