Is Ibis, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ibis is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Ibis was a Seller's Market.

Key Takeaway

Ibis is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Ibis, FL

How much do homes in Ibis, FL cost?

Median Sold Price

$702,000

$291/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$18,000(-2.5%)

Key Takeaway

Homes in Ibis have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in Ibis was $702,000 in March 2024, down 2.5% from last year, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $459.9K$380K
-17.4%
3 $642.5K$640.5K
-0.3%
4 $1.5M$1.7M
+17.5%
5+ $1.7M$1.9M
+11.8%

Summary: Ibis housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.4%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 11.8%.

Housing Supply in Ibis, FL

How many homes are available in Ibis, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5857-1.7%

Summary: The Ibis real estate market had 57 homes for sale in March 2024, a 1.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 77
0.0%
3 3230
-6.3%
4 1111
0.0%
5+ 89
+12.5%

Summary: The Ibis 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 remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ibis, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Ibis in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ibis, FL

How long does it take to sell a home in Ibis, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
64 Days68 Days+6.6%

Summary: Homes in Ibis had an average of 68 days on market in Mar 2024, up by 6.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ibis has remained consistent over time.

Summary: During March 2024, 9 homes were sold in Ibis; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in Ibis, FL

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