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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Matanzas is a buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Matanzas, FL

How much do homes in Matanzas, FL cost?

Median Sold Price

$389,920

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$50(0%)

Key Takeaway

The sold price of homes in Matanzas has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $200K$350K
+75.0%
2 $305K$300K
-1.6%
3 $375K$365K
-2.7%
4 $522.9K$494.9K
-5.3%
5+ $502.4K$622K
+23.8%

Summary: Matanzas housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 23.8%.

Housing Supply in Matanzas, FL

How many homes are available in Matanzas, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2372380.4%

Summary: The Matanzas real estate market had 238 homes for sale in September 2024, a 0.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 7775
-2.6%
3 95101
+6.3%
4 5249
-5.8%
5+ 1212
0.0%

Summary: The Matanzas housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3121-32.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Matanzas, you may be able to get a good deal. 81% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Matanzas in September 2024, down by 32.3% month-over-month. Of the 21 sold homes, 81% were sold under asking, 19% were sold at asking, and 0% were sold over asking.

Days on Market for Matanzas, FL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
64 Days54 Days-14.9%

Summary: Homes in Matanzas had an average of 54 days on market in Sep 2024, down by 14.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 21 homes were sold in Matanzas; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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 Sep 1, 2024

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