Is Miramar Patio Homes, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Miramar Patio Homes is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Miramar Patio Homes was a Seller's Market.

Key Takeaway

Miramar Patio Homes 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 Miramar Patio Homes, FL

How much do homes in Miramar Patio Homes, FL cost?

Median Sold Price

$442,500

$287/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$52,500(-10.6%)

Key Takeaway

Homes in Miramar Patio Homes have sold for 10.6% less than they did a month ago.

Summary: The median home sold price in Miramar Patio Homes was $442,500 in April 2024, down 10.6% from last month, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $400K-
N/A
3 $497.5K$442.5K
-11.1%
4 --
N/A
5+ --
N/A

Summary: Miramar Patio Homes housing prices by bedroom type for April 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 decreased by 11.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Miramar Patio Homes, FL

How many homes are available in Miramar Patio Homes, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1514-6.7%

Summary: The Miramar Patio Homes real estate market had 14 homes for sale in April 2024, a 6.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 21
-50.0%
3 88
0.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Miramar Patio Homes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 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 Miramar Patio Homes, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Miramar Patio Homes in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Miramar Patio Homes, FL

How long does it take to sell a home in Miramar Patio Homes, FL?

Average Sale Time

Mar 2024Apr 2024CHANGE
13 Days152 Days+1073.1%

Summary: Homes in Miramar Patio Homes had an average of 152 days on market in Apr 2024, up by 1073.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Miramar Patio Homes are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 2 homes were sold in Miramar Patio Homes; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 1 Day Ago

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