Is Ives Estate, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ives Estate is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Ives Estate, FL

How much do homes in Ives Estate, FL cost?

Median Sold Price

$430,000

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$140,125(+48.3%)

Key Takeaway

Homes in Ives Estate have sold for 48.3% more than they did a year ago.

Summary: The median home sold price in Ives Estate was $430,000 in March 2024, up 48.3% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $110.5K$130.5K
+18.1%
2 $219.1K$247K
+12.7%
3 $450K$478K
+6.2%
4 $550K$560.5K
+1.9%
5+ $700K$720K
+2.9%

Summary: Ives Estate housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.1%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Neighborhoods

Ives Estate
+48.3%
Andover Lakes
+29.2%
Miramar Isles
+13.4%
Norland
+11.5%

Housing Supply in Ives Estate, FL

How many homes are available in Ives Estate, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
173175+1.2%

Summary: The Ives Estate real estate market had 175 homes for sale in March 2024, a 1.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 3435
+2.9%
2 5456
+3.7%
3 5759
+3.5%
4 2119
-9.5%
5+ 76
-14.3%

Summary: The Ives Estate housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1621+31.3%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ives Estate, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Ives Estate in March 2024, up by 31.3% month-over-month. Of the 21 sold homes, 71% were sold under asking, 24% were sold at asking, and 5% were sold over asking.

Days on Market for Ives Estate, FL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
50 Days54 Days+6.2%

Summary: Homes in Ives Estate had an average of 54 days on market in Mar 2024, up by 6.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ives Estate are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 21 homes were sold in Ives Estate; 43% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% 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 17 Days Ago

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