Is Oak Shadows Condominiums, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Oak Shadows Condominiums was a Buyer's Market.
Key Takeaway
Oak Shadows Condominiums is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oak Shadows Condominiums, FL
How much do homes in Oak Shadows Condominiums, FL cost?
Median Sold Price
$120,000
$152/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Oak Shadows Condominiums have sold for 14.3% more than they did a month ago.
Summary: The median home sold price in Oak Shadows Condominiums was $120,000 in April 2024, up 14.3% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $110K | +4.8% |
| 2 Bedrooms | - | $125K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Oak Shadows Condominiums housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Oak Shadows Condominiums, FL
How many homes are available in Oak Shadows Condominiums, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Oak Shadows Condominiums real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Oak Shadows Condominiums housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oak Shadows Condominiums, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Oak Shadows Condominiums in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Oak Shadows Condominiums, FL
How long does it take to sell a home in Oak Shadows Condominiums, FL?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 102 Days | 14 Days | -86.0% |
Summary: Homes in Oak Shadows Condominiums had an average of 14 days on market in Apr 2024, down by 86% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oak Shadows Condominiums are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Oak Shadows Condominiums; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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