Is Paradise Palms, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Paradise Palms was a Seller's Market.
Housing Prices in Paradise Palms, FL
How much do homes in Paradise Palms, FL cost?
Median Sold Price
$428,500
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Paradise Palms was $428,500 in April 2024, down 8.9% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $380K | - | N/A |
4 Bedrooms | $448.4K | $405K | -9.7% |
5+ Bedrooms | $580K | $500K | -13.8% |
Summary: Paradise Palms 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 13.8%.
Median Sold Price Compared To Nearby Neighborhoods
Four Corners | $410.6K | $404.8K | -1.4% |
Lindfields | $407K | $399.9K | -1.7% |
Paradise Palms | $470.5K | $428.5K | -8.9% |
Housing Supply in Paradise Palms, FL
How many homes are available in Paradise Palms, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 46 | -8.0% |
Summary: The Paradise Palms real estate market had 46 homes for sale in April 2024, a 8.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 32 | 29 | -9.4% |
5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Paradise Palms 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
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 Paradise Palms in April 2024, down by 25.0% 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 Paradise Palms, FL
How long does it take to sell a home in Paradise Palms, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
183 Days | 81 Days | -55.5% |
Summary: Homes in Paradise Palms had an average of 81 days on market in Apr 2024, down by 55.5% 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 April 2024, 3 homes were sold in Paradise Palms; 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.