Is Port Malabar Country Club, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Port Malabar Country Club has remained a Seller's Market.
Housing Prices in Port Malabar Country Club, FL
How much do homes in Port Malabar Country Club, FL cost?
Median Sold Price
$284,450
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Port Malabar Country Club was $284,450 in March 2024, down 0.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $121K | $129.2K | +6.8% |
2 Bedrooms | $202.5K | $219.2K | +8.3% |
3 Bedrooms | $275K | $299.5K | +8.9% |
4 Bedrooms | $505.4K | $385K | -23.8% |
5+ Bedrooms | $525K | $495K | -5.7% |
Summary: Port Malabar Country Club housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 5.7%.
Housing Supply in Port Malabar Country Club, FL
How many homes are available in Port Malabar Country Club, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 48 | +4.3% |
Summary: The Port Malabar Country Club real estate market had 48 homes for sale in March 2024, a 4.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 20 | 22 | +10.0% |
4 Bedrooms | 14 | 10 | -28.6% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Port Malabar Country Club housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Port Malabar Country Club in March 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Port Malabar Country Club, FL
How long does it take to sell a home in Port Malabar Country Club, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
16 Days | 29 Days | +78.5% |
Summary: Homes in Port Malabar Country Club had an average of 29 days on market in Mar 2024, up by 78.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Port Malabar Country Club; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.