Is North Redlands, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Redlands was a Seller's Market.
Housing Prices in North Redlands, FL
How much do homes in North Redlands, FL cost?
Median Sold Price
$900,000
$353/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Redlands was $900,000 in April 2024, up 6.2% from last year, and the median price per square foot was $353.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $405K | N/A |
2 Bedrooms | $545K | - | N/A |
3 Bedrooms | $750K | $800K | +6.7% |
4 Bedrooms | $900K | $925K | +2.8% |
5+ Bedrooms | $850K | $1.1M | +32.4% |
Summary: North Redlands 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 did not change, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 32.4%.
Median Sold Price Compared To Nearby Neighborhoods
West Quail Roost | $671.2K | $775K | +15.5% |
North Redlands | $847.5K | $900K | +6.2% |
Leisure City Area | $635K | $660K | +3.9% |
West Tamiami | $640K | $658.9K | +3.0% |
Goulds - West | $525K | $500K | -4.8% |
Housing Supply in North Redlands, FL
How many homes are available in North Redlands, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 81 | 0.0% |
Summary: The North Redlands real estate market had 81 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 31 | 29 | -6.5% |
4 Bedrooms | 23 | 25 | +8.7% |
5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The North Redlands 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 increased by 66.7%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in North Redlands in April 2024, down by 33.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for North Redlands, FL
How long does it take to sell a home in North Redlands, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
90 Days | 85 Days | -4.8% |
Summary: Homes in North Redlands had an average of 85 days on market in Apr 2024, down by 4.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in North Redlands; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.