Is Orange Blossom Estates, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Orange Blossom Estates has remained a Buyer's Market.
Key Takeaway
Orange Blossom Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Orange Blossom Estates, FL
How much do homes in Orange Blossom Estates, FL cost?
Median Sold Price
$342,500
$289/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Orange Blossom Estates have sold for 28.5% more than they did a month ago.
Summary: The median home sold price in Orange Blossom Estates was $342,500 in April 2024, up 28.5% from last month, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $385K | $116K | -69.9% |
| 3 Bedrooms | $148K | $363.7K | +145.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Orange Blossom Estates 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 decreased by 69.9%, 3 bedroom homes increased by 145.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Orange Blossom Estates | $266.5K | $342.5K | +28.5% |
| Virginia Groves | $415K | $385K | -7.2% |
Housing Supply in Orange Blossom Estates, FL
How many homes are available in Orange Blossom Estates, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Summary: The Orange Blossom Estates real estate market had 22 homes for sale in April 2024, a 15.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 11 | +22.2% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Orange Blossom Estates housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orange Blossom Estates, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Orange Blossom Estates in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Orange Blossom Estates, FL
How long does it take to sell a home in Orange Blossom Estates, FL?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 79 Days | 72 Days | -9.0% |
Summary: Homes in Orange Blossom Estates had an average of 72 days on market in Apr 2024, down by 9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Orange Blossom Estates are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Orange Blossom Estates; 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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