Is Groveland-Mascotte, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Groveland-Mascotte has remained a Seller's Market.
Key Takeaway
Groveland-Mascotte is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Groveland-Mascotte, FL
How much do homes in Groveland-Mascotte, FL cost?
Median Sold Price
$380,176
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Groveland-Mascotte have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Groveland-Mascotte was $380,176 in March 2024, up 1.4% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $177.5K | +1.4% |
| 2 Bedrooms | $341.2K | $329.9K | -3.3% |
| 3 Bedrooms | $345K | $349.8K | +1.4% |
| 4 Bedrooms | $400K | $404.9K | +1.2% |
| 5+ Bedrooms | $465K | $472K | +1.5% |
Summary: Groveland-Mascotte housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in Groveland-Mascotte, FL
How many homes are available in Groveland-Mascotte, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 293 | 294 | 0.3% |
Summary: The Groveland-Mascotte real estate market had 294 homes for sale in March 2024, a 0.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 35 | 40 | +14.3% |
| 3 Bedrooms | 148 | 140 | -5.4% |
| 4 Bedrooms | 86 | 92 | +7.0% |
| 5+ Bedrooms | 23 | 21 | -8.7% |
Summary: The Groveland-Mascotte 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 increased by 14.3%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 8.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 50 | -2.0% |
Asking Price vs. Sold Price
35 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 Groveland-Mascotte, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in Groveland-Mascotte in March 2024, down by 2.0% month-over-month. Of the 50 sold homes, 70% were sold under asking, 22% were sold at asking, and 8% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 71 Days | +72.2% |
Summary: Homes in Groveland-Mascotte had an average of 71 days on market in Mar 2024, up by 72.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Groveland-Mascotte has remained consistent over time.
Summary: During March 2024, 50 homes were sold in Groveland-Mascotte; 26% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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