Is Normandy Village, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Normandy Village has remained a Seller's Market.
Key Takeaway
Normandy Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Normandy Village, FL
How much do homes in Normandy Village, FL cost?
Median Sold Price
$237,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Normandy Village have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in Normandy Village was $237,500 in April 2024, up 15.9% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | $130K | -3.7% |
| 3 Bedrooms | $204.9K | $240K | +17.1% |
| 4 Bedrooms | $260K | $237.2K | -8.8% |
| 5+ Bedrooms | $254.9K | $220K | -13.7% |
Summary: Normandy Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 13.7%.
Housing Supply in Normandy Village, FL
How many homes are available in Normandy Village, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Summary: The Normandy Village real estate market had 24 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 14 | 21 | +50.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Normandy Village 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Normandy Village, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Normandy Village in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.
Days on Market for Normandy Village, FL
How long does it take to sell a home in Normandy Village, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 274 Days | 48 Days | -82.2% |
Summary: Homes in Normandy Village had an average of 48 days on market in Apr 2024, down by 82.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Normandy Village has remained consistent over time.
Summary: During April 2024, 6 homes were sold in Normandy Village; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
