Is Sand Key Club, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sand Key Club is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Sand Key Club was a Seller's Market.

Key Takeaway

Sand Key Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sand Key Club, FL

How much do homes in Sand Key Club, FL cost?

Median Sold Price

$899,500

$674/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$19,500(+2.2%)

Key Takeaway

Homes in Sand Key Club have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Sand Key Club was $899,500 in April 2024, up 2.2% from last year, and the median price per square foot was $674.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $594K$575K
-3.2%
2 $801K$850K
+6.1%
3 $1.6M$1.4M
-14.5%
4 --
N/A
5+ --
N/A

Summary: Sand Key Club housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sand Key Club, FL

How many homes are available in Sand Key Club, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7481+9.5%

Summary: The Sand Key Club real estate market had 81 homes for sale in April 2024, a 9.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 711
+57.1%
2 4141
0.0%
3 2427
+12.5%
4 11
0.0%
5+ 11
0.0%

Summary: The Sand Key Club housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sand Key Club, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Sand Key Club in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.

Days on Market for Sand Key Club, FL

How long does it take to sell a home in Sand Key Club, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
57 Days105 Days+83.8%

Summary: Homes in Sand Key Club had an average of 105 days on market in Apr 2024, up by 83.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sand Key Club are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 8 homes were sold in Sand Key Club; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% 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 6 Days Ago

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