Is Ortega Hills, 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, Ortega Hills has remained a Seller's Market.
Housing Prices in Ortega Hills, FL
How much do homes in Ortega Hills, FL cost?
Median Sold Price
$237,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ortega Hills was $237,500 in April 2024, down 3.1% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $179.5K | $177.9K | -0.9% |
3 Bedrooms | $245K | $227.7K | -7.0% |
4 Bedrooms | $339.9K | $312.5K | -8.1% |
5+ Bedrooms | $432.7K | $699K | +61.5% |
Summary: Ortega Hills 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 decreased by 0.9%, 3 bedroom homes decreased by 7%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 61.5%.
Housing Supply in Ortega Hills, FL
How many homes are available in Ortega Hills, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 36 | +5.9% |
Summary: The Ortega Hills real estate market had 36 homes for sale in April 2024, a 5.9% increase 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 | 7 | 9 | +28.6% |
3 Bedrooms | 16 | 16 | 0.0% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ortega Hills 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 28.6%, 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 |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Ortega Hills in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 45% were sold at asking, and 9% were sold over asking.
Days on Market for Ortega Hills, FL
How long does it take to sell a home in Ortega Hills, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 43 Days | +37.6% |
Summary: Homes in Ortega Hills had an average of 43 days on market in Apr 2024, up by 37.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Ortega Hills; 36% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.