Is Plantation Acres, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plantation Acres is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Plantation Acres was a Seller's Market.

Key Takeaway

Plantation Acres is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Plantation Acres, FL

How much do homes in Plantation Acres, FL cost?

Median Sold Price

$1,045,000

$365/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$29,000(+2.9%)

Key Takeaway

Homes in Plantation Acres have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Plantation Acres was $1,045,000 in September 2024, up 2.9% from last year, and the median price per square foot was $365.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $375K-
N/A
3 $765K$682.5K
-10.8%
4 $860K$920K
+7.0%
5+ $1.3M$1.3M
+3.6%

Summary: Plantation Acres housing prices by bedroom type for September 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 10.8%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Neighborhoods

Plantation Acres
+2.9%
Fountain Springs
+2.9%

Housing Supply in Plantation Acres, FL

How many homes are available in Plantation Acres, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3943+10.3%

Summary: The Plantation Acres real estate market had 43 homes for sale in September 2024, a 10.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 11
0.0%
3 38
+166.7%
4 1716
-5.9%
5+ 1818
0.0%

Summary: The Plantation Acres housing inventory by bedroom type for September 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 166.7%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plantation Acres, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Plantation Acres in September 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Plantation Acres, FL

How long does it take to sell a home in Plantation Acres, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
43 Days19 Days-54.9%

Summary: Homes in Plantation Acres had an average of 19 days on market in Sep 2024, down by 54.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Plantation Acres are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 5 homes were sold in Plantation Acres; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Plantation Acres, FL

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