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 June 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

$1,100,000

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$225,000(+25.7%)

Key Takeaway

Homes in Plantation Acres have sold for 25.7% more than they did a year ago.

Summary: The median home sold price in Plantation Acres was $1,100,000 in June 2024, up 25.7% from last year, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $375K-
N/A
3 $772.5K$900K
+16.5%
4 $850K$875K
+2.9%
5+ $1.4M$1.3M
-3.7%

Summary: Plantation Acres housing prices by bedroom type for June 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 increased by 16.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Neighborhoods

Plantation Acres
+25.7%
Fountain Springs
-1.4%

Housing Supply in Plantation Acres, FL

How many homes are available in Plantation Acres, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
2227+22.7%

Summary: The Plantation Acres real estate market had 27 homes for sale in June 2024, a 22.7% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 00
0.0%
3 03
+100.0%
4 99
0.0%
5+ 1315
+15.4%

Summary: The Plantation Acres housing inventory by bedroom type for June 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

May 2024Jun 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Plantation Acres in June 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Jun 2023Jun 2024CHANGE
38 Days29 Days-22.8%

Summary: Homes in Plantation Acres had an average of 29 days on market in Jun 2024, down by 22.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 June 2024, 2 homes were sold in Plantation Acres; 50% of homes were sold within 30 days, 50% 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 22 Days Ago

Newest Listings in Plantation Acres, FL

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