Is Palms Country Club and Reosrt, 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, Palms Country Club and Reosrt was a Buyer's Market.
Key Takeaway
Palms Country Club and Reosrt is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Palms Country Club and Reosrt, FL
How much do homes in Palms Country Club and Reosrt, FL cost?
Median Sold Price
$415,000
$244/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Palms Country Club and Reosrt have sold for 33.1% less than they did a month ago.
Summary: The median home sold price in Palms Country Club and Reosrt was $415,000 in April 2024, down 33.1% from last month, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $395K | N/A |
| 3 Bedrooms | $620K | $575K | -7.3% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Palms Country Club and Reosrt 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 did not change, 3 bedroom homes decreased by 7.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Palms Country Club and Reosrt, FL
How many homes are available in Palms Country Club and Reosrt, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 18 | +5.9% |
Summary: The Palms Country Club and Reosrt real estate market had 18 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 | 9 | 10 | +11.1% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Palms Country Club and Reosrt 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 11.1%, 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
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Palms Country Club and Reosrt, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Palms Country Club and Reosrt in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Palms Country Club and Reosrt, FL
How long does it take to sell a home in Palms Country Club and Reosrt, FL?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 Days | 129 Days | +1333.3% |
Summary: Homes in Palms Country Club and Reosrt had an average of 129 days on market in Apr 2024, up by 1333.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Palms Country Club and Reosrt are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 4 homes were sold in Palms Country Club and Reosrt; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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