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 seller's market

Buyer's
Market

Difference Since December 2021

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.

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

Median Sold Price

$370,125

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$60,055(+19.4%)

Key Takeaway

Homes in Groveland-Mascotte have sold for 19.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $125K$175K
+40.0%
2 $296.8K$337.5K
+13.7%
3 $282.3K$345.1K
+22.3%
4 $330K$395.2K
+19.8%
5+ $397.5K$450K
+13.2%

Median Sold Price Compared To Nearby Cities

Minneola
+22.3%
Mascotte
+20.9%
Groveland-Mascotte
+19.4%
Clermont
+19.1%
Groveland
+17.8%

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

Number of Homes For Sale

Nov 2022Dec 2022%
216221+2.3%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 2926
-10.3%
3 101104
+3.0%
4 7481
+9.5%
5+ 1210
-16.7%

Number of Homes Sold

Nov 2022Dec 2022%
4037-7.5%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 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. 59.5% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
24 Days44 Days+83.1%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

6 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.

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

About Groveland-Mascotte, FL

Groveland-Mascotte, FL has 221 homes for sale to choose from. The inventory of homes for sale in Groveland-Mascotte, FL between November 2022 and December 2022 increased by 2.3%. While the average time on the market in December 2022 was 44 days, the median list price was $370,125. Listing prices have changed in this real estate market between November 2022 and December 2022: 1 bedroom properties prices increased by 40%, 2 bedrooms properties prices increased by 13.7%, prices of 3 bedrooms properties went up by 22.3%, 4 bedrooms properties became 19.8% more expensive, prices of 5 bedrooms properties increased by 13.2%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, volume of 2 bedrooms homes went down by 10.3%, 3 bedrooms homes inventory increased by 3%, 4 bedrooms homes became 9.5% more available, volume of 5 bedrooms homes went down by 16.7%. Over 4 listings were sold over their listed price in December 2022 in Groveland-Mascotte, FL. In the same period over 22 listings were sold below the listed price and 11 listings were sold for the listed price.

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