Is Groveland-Mascotte, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Groveland-Mascotte is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Groveland-Mascotte was a Seller's Market.

Key Takeaway

Groveland-Mascotte is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Groveland-Mascotte, FL

How much do homes in Groveland-Mascotte, FL cost?

Median Sold Price

$380,000

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$2,000(+0.5%)

Key Takeaway

Homes in Groveland-Mascotte have sold for 0.5% more than they did a year ago.

Summary: The median home sold price in Groveland-Mascotte was $380,000 in September 2024, up 0.5% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $441.5K$177.5K
-59.8%
2 $332.5K$345.9K
+4.0%
3 $343.7K$352.8K
+2.6%
4 $399.9K$403.5K
+0.9%
5+ $482.1K$485.6K
+0.7%

Summary: Groveland-Mascotte housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.8%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Cities

Mascotte
+13.3%
Clermont
+2.1%
Minneola
+1.6%
Groveland
+1.3%
Groveland-Mascotte
0.5%

Housing Supply in Groveland-Mascotte, FL

How many homes are available in Groveland-Mascotte, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
333338+1.5%

Summary: The Groveland-Mascotte real estate market had 338 homes for sale in September 2024, a 1.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 4648
+4.3%
3 148139
-6.1%
4 109123
+12.8%
5+ 3028
-6.7%

Summary: The Groveland-Mascotte housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
5646-17.9%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Groveland-Mascotte, you may be able to get a good deal. 54.3% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in Groveland-Mascotte in September 2024, down by 17.9% month-over-month. Of the 46 sold homes, 54% were sold under asking, 33% were sold at asking, and 13% were sold over asking.

Days on Market for Groveland-Mascotte, FL

How long does it take to sell a home in Groveland-Mascotte, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
36 Days50 Days+38.9%

Summary: Homes in Groveland-Mascotte had an average of 50 days on market in Sep 2024, up by 38.9% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Groveland-Mascotte are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 46 homes were sold in Groveland-Mascotte; 46% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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 30 Days Ago

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