Is Greenacres, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Greenacres was a Seller's Market.
Key Takeaway
Greenacres is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greenacres, FL
How much do homes in Greenacres, FL cost?
Median Sold Price
$300,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Greenacres have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Greenacres was $300,000 in June 2024, up 7.1% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $145K | +11.5% |
| 2 Bedrooms | $223K | $239.6K | +7.5% |
| 3 Bedrooms | $347K | $376.6K | +8.5% |
| 4 Bedrooms | $502.5K | $549K | +9.3% |
| 5+ Bedrooms | $605K | $607.5K | 0.4% |
Summary: Greenacres housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 0.4%.
Housing Supply in Greenacres, FL
How many homes are available in Greenacres, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 333 | 346 | +3.9% |
Summary: The Greenacres real estate market had 346 homes for sale in June 2024, a 3.9% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 13 | +30.0% |
| 2 Bedrooms | 180 | 190 | +5.6% |
| 3 Bedrooms | 115 | 114 | -0.9% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Greenacres housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 65 | 44 | -32.3% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenacres, you may be able to get a good deal. 65.9% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in Greenacres in June 2024, down by 32.3% month-over-month. Of the 44 sold homes, 66% were sold under asking, 25% were sold at asking, and 9% were sold over asking.
Days on Market for Greenacres, FL
How long does it take to sell a home in Greenacres, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 23 Days | 39 Days | +67.6% |
Summary: Homes in Greenacres had an average of 39 days on market in Jun 2024, up by 67.6% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greenacres are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 44 homes were sold in Greenacres; 59% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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