Is Maitland, 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, Maitland has remained a Seller's Market.
Key Takeaway
Maitland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maitland, FL
How much do homes in Maitland, FL cost?
Median Sold Price
$445,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Maitland have sold for 8% less than they did a year ago.
Summary: The median home sold price in Maitland was $445,000 in March 2024, down 8% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $148K | -7.5% |
| 2 Bedrooms | $251.5K | $268K | +6.6% |
| 3 Bedrooms | $425K | $382.2K | -10.1% |
| 4 Bedrooms | $680K | $647K | -4.9% |
| 5+ Bedrooms | $935K | $750K | -19.8% |
Summary: Maitland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 6.6%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 19.8%.
Median Sold Price Compared To Nearby Cities
| Altamonte Springs | $235K | $269.9K | +14.9% |
| Casselberry-Altamonte Springs | $351.8K | $367.5K | +4.5% |
| Eatonville | $255K | $255K | 0.0% |
| Maitland | $483.8K | $445K | -8.0% |
| Winter Park | $537.6K | $480.8K | -10.6% |
Housing Supply in Maitland, FL
How many homes are available in Maitland, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 123 | 125 | +1.6% |
Summary: The Maitland real estate market had 125 homes for sale in March 2024, a 1.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 23 | 22 | -4.3% |
| 3 Bedrooms | 41 | 44 | +7.3% |
| 4 Bedrooms | 46 | 43 | -6.5% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Maitland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maitland, you may be able to get a good deal. 67.9% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Maitland in March 2024, up by 3.7% month-over-month. Of the 28 sold homes, 68% were sold under asking, 14% were sold at asking, and 18% were sold over asking.
Days on Market for Maitland, FL
How long does it take to sell a home in Maitland, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 34 Days | 35 Days | +2.5% |
Summary: Homes in Maitland had an average of 35 days on market in Mar 2024, up by 2.5% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maitland are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 28 homes were sold in Maitland; 61% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.