Is Polynesian, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Polynesian has remained a Seller's Market.
Key Takeaway
Polynesian is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Polynesian, FL
How much do homes in Polynesian, FL cost?
Median Sold Price
$675,000
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Polynesian have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Polynesian was $675,000 in April 2024, up 3.4% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $555K | $610K | +9.9% |
| 4 Bedrooms | $652.5K | $675K | +3.4% |
| 5+ Bedrooms | $1.1M | $1.5M | +35.3% |
Summary: Polynesian 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 increased by 9.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 35.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Islands at Doral | $529K | $610K | +15.3% |
| Polynesian | $652.5K | $675K | +3.4% |
Housing Supply in Polynesian, FL
How many homes are available in Polynesian, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Polynesian real estate market had 3 homes for sale in April 2024, a 25.0% 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 | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Polynesian 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 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Polynesian, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Polynesian in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Polynesian, FL
How long does it take to sell a home in Polynesian, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 83 Days | +137.1% |
Summary: Homes in Polynesian had an average of 83 days on market in Apr 2024, up by 137.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Polynesian has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Polynesian; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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