Is Raintree, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Raintree is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Raintree has remained a Seller's Market.

Key Takeaway

Raintree is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Raintree, FL

How much do homes in Raintree, FL cost?

Median Sold Price

$606,000

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,000(+2.0%)

Key Takeaway

Homes in Raintree have sold for 2% more than they did a year ago.

Summary: The median home sold price in Raintree was $606,000 in April 2024, up 2% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $249K$289K
+16.1%
3 $590K$605K
+2.5%
4 $1.0M$925K
-8.6%
5+ --
N/A

Summary: Raintree 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 increased by 16.1%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes did not change.

Housing Supply in Raintree, FL

How many homes are available in Raintree, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1112+9.1%

Summary: The Raintree real estate market had 12 homes for sale in April 2024, a 9.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 00
0.0%
3 66
0.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Raintree 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 increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

4 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 Raintree, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Raintree in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Raintree, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
43 Days29 Days-32.0%

Summary: Homes in Raintree had an average of 29 days on market in Apr 2024, down by 32% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Raintree has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Raintree; 25% of homes were sold within 30 days, 75% 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 5 Days Ago

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