Is Islandia at Black Point Marina, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Islandia at Black Point Marina was a Neutral Market.
Key Takeaway
Islandia at Black Point Marina is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Islandia at Black Point Marina, FL
How much do homes in Islandia at Black Point Marina, FL cost?
Median Sold Price
$558,000
$354/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Islandia at Black Point Marina have sold for 9.3% less than they did a month ago.
Summary: The median home sold price in Islandia at Black Point Marina was $558,000 in March 2024, down 9.3% from last month, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $615K | $558K | -9.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Islandia at Black Point Marina housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes did not change.
Housing Supply in Islandia at Black Point Marina, FL
How many homes are available in Islandia at Black Point Marina, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The Islandia at Black Point Marina real estate market had 8 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Islandia at Black Point Marina 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 increased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Islandia at Black Point Marina, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Islandia at Black Point Marina in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Islandia at Black Point Marina, FL
How long does it take to sell a home in Islandia at Black Point Marina, FL?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 50 Days | 20 Days | -58.7% |
Summary: Homes in Islandia at Black Point Marina had an average of 20 days on market in Mar 2024, down by 58.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Islandia at Black Point Marina are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Islandia at Black Point Marina; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.