Is Plaza de Flores on Palmer Ranch, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Plaza de Flores on Palmer Ranch was a Seller's Market.
Key Takeaway
Plaza de Flores on Palmer Ranch is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Plaza de Flores on Palmer Ranch, FL
How much do homes in Plaza de Flores on Palmer Ranch, FL cost?
Median Sold Price
$255,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Plaza de Flores on Palmer Ranch have sold for 15% less than they did a year ago.
Summary: The median home sold price in Plaza de Flores on Palmer Ranch was $255,000 in March 2024, down 15% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $227.5K | -1.1% |
| 2 Bedrooms | $330K | $326K | -1.2% |
| 3 Bedrooms | $340K | $312K | -8.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Plaza de Flores on Palmer Ranch housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Palmer Ranch | $520K | $506.8K | -2.5% |
| Plaza de Flores on Palmer Ranch | $300K | $255K | -15.0% |
Housing Supply in Plaza de Flores on Palmer Ranch, FL
How many homes are available in Plaza de Flores on Palmer Ranch, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Summary: The Plaza de Flores on Palmer Ranch real estate market had 24 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 11 | 15 | +36.4% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Plaza de Flores on Palmer Ranch housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 36.4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 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 Plaza de Flores on Palmer Ranch, 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 Plaza de Flores on Palmer Ranch in March 2024, up by 100.0% 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 Plaza de Flores on Palmer Ranch, FL
How long does it take to sell a home in Plaza de Flores on Palmer Ranch, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 100 Days | 151 Days | +51.0% |
Summary: Homes in Plaza de Flores on Palmer Ranch had an average of 151 days on market in Mar 2024, up by 51% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Plaza de Flores on Palmer Ranch has remained consistent over time.
Summary: During March 2024, 2 homes were sold in Plaza de Flores on Palmer Ranch; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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