Is Orlovista, 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, Orlovista has remained a Seller's Market.
Key Takeaway
Orlovista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orlovista, FL
How much do homes in Orlovista, FL cost?
Median Sold Price
$290,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Orlovista have sold for 16% more than they did a year ago.
Summary: The median home sold price in Orlovista was $290,000 in April 2024, up 16% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $225K | +7.1% |
| 3 Bedrooms | $260K | $290K | +11.5% |
| 4 Bedrooms | $282.5K | $319K | +12.9% |
| 5+ Bedrooms | - | $676.7K | N/A |
Summary: Orlovista 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 increased by 7.1%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Orlovista | $250K | $290K | +16.0% |
| Metro West | $230K | $235K | +2.2% |
Housing Supply in Orlovista, FL
How many homes are available in Orlovista, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The Orlovista real estate market had 23 homes for sale in April 2024, a 11.5% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Orlovista 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 decreased by 66.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Orlovista, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Orlovista in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Orlovista, FL
How long does it take to sell a home in Orlovista, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 36 Days | 45 Days | +25.8% |
Summary: Homes in Orlovista had an average of 45 days on market in Apr 2024, up by 25.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Orlovista are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Orlovista; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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