Is Gardens of Ringling Park, 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, Gardens of Ringling Park was a Neutral Market.
Key Takeaway
Gardens of Ringling Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Gardens of Ringling Park, FL
How much do homes in Gardens of Ringling Park, FL cost?
Median Sold Price
$475,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Gardens of Ringling Park have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Gardens of Ringling Park was $475,000 in April 2024, up 13.1% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165.3K | - | N/A |
| 2 Bedrooms | $400K | $380K | -5.0% |
| 3 Bedrooms | $550K | $510K | -7.3% |
| 4 Bedrooms | $800K | $549.9K | -31.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Gardens of Ringling Park 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 decreased by 5%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Gardens of Ringling Park | $420K | $475K | +13.1% |
| Park East | $200K | $207.5K | +3.8% |
Housing Supply in Gardens of Ringling Park, FL
How many homes are available in Gardens of Ringling Park, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The Gardens of Ringling Park real estate market had 17 homes for sale in April 2024, a 15.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Gardens of Ringling Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gardens of Ringling Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Gardens of Ringling Park in April 2024, down by 50.0% 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 Gardens of Ringling Park, FL
How long does it take to sell a home in Gardens of Ringling Park, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 107 Days | 27 Days | -74.8% |
Summary: Homes in Gardens of Ringling Park had an average of 27 days on market in Apr 2024, down by 74.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gardens of Ringling Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Gardens of Ringling Park; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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