Is Regal Palms at Highland's Reserve, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Regal Palms at Highland's Reserve was a Seller's Market.
Housing Prices in Regal Palms at Highland's Reserve, FL
How much do homes in Regal Palms at Highland's Reserve, FL cost?
Median Sold Price
$288,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Regal Palms at Highland's Reserve was $288,000 in April 2024, down 7.4% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $295K | $285.5K | -3.2% |
4 Bedrooms | $320K | $290K | -9.4% |
5+ Bedrooms | - | - | N/A |
Summary: Regal Palms at Highland's Reserve 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 decreased by 3.2%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Regal Palms at Highland's Reserve | $311K | $288K | -7.4% |
Bella Piazza | $265K | $240K | -9.4% |
Housing Supply in Regal Palms at Highland's Reserve, FL
How many homes are available in Regal Palms at Highland's Reserve, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 61 | +3.4% |
Summary: The Regal Palms at Highland's Reserve real estate market had 61 homes for sale in April 2024, a 3.4% increase 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 | 8 | 11 | +37.5% |
4 Bedrooms | 51 | 50 | -2.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Regal Palms at Highland's Reserve 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 increased by 37.5%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Regal Palms at Highland's Reserve in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Regal Palms at Highland's Reserve, FL
How long does it take to sell a home in Regal Palms at Highland's Reserve, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 160 Days | +539.7% |
Summary: Homes in Regal Palms at Highland's Reserve had an average of 160 days on market in Apr 2024, up by 539.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Regal Palms at Highland's Reserve; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.