Is Orchard Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Orchard Hills was a Seller's Market.
Housing Prices in Orchard Hills, FL
How much do homes in Orchard Hills, FL cost?
Median Sold Price
$615,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Orchard Hills was $615,000 in March 2024, up 3.8% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $420K | - | N/A |
3 Bedrooms | $490K | $480K | -2.0% |
4 Bedrooms | $588.7K | $615K | +4.5% |
5+ Bedrooms | $800K | $732.5K | -8.4% |
Summary: Orchard Hills housing prices by bedroom type for March 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 decreased by 2%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Neighborhoods
Orchard Hills | $592.5K | $615K | +3.8% |
Horizon West | $540.6K | $549.3K | +1.6% |
Housing Supply in Orchard Hills, FL
How many homes are available in Orchard Hills, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Summary: The Orchard Hills real estate market had 22 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Orchard Hills housing inventory by bedroom type for March 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Orchard Hills in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Orchard Hills, FL
How long does it take to sell a home in Orchard Hills, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 64 Days | +819.0% |
Summary: Homes in Orchard Hills had an average of 64 days on market in Mar 2024, up by 819% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Orchard Hills; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.