Is Seminole Grove Estates, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seminole Grove Estates is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Seminole Grove Estates has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Seminole Grove Estates, FL

How much do homes in Seminole Grove Estates, FL cost?

Median Sold Price

$475,000

$316/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$36,000(+8.2%)

Key Takeaway

Homes in Seminole Grove Estates have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Seminole Grove Estates was $475,000 in April 2024, up 8.2% from last year, and the median price per square foot was $316.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $350K$350K
0.0%
3 $455.3K$475K
+4.3%
4 $535K$570K
+6.5%
5+ --
N/A

Summary: Seminole Grove Estates 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 4.3%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Seminole Grove Estates
+8.2%
Golden Grove Estates
-4.1%

Housing Supply in Seminole Grove Estates, FL

How many homes are available in Seminole Grove Estates, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
107-30.0%

Summary: The Seminole Grove Estates real estate market had 7 homes for sale in April 2024, a 30.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 74
-42.9%
4 00
0.0%
5+ 00
0.0%

Summary: The Seminole Grove Estates 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 decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 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 Seminole Grove Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Seminole Grove Estates in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Seminole Grove Estates, FL

How long does it take to sell a home in Seminole Grove Estates, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
16 Days65 Days+291.0%

Summary: Homes in Seminole Grove Estates had an average of 65 days on market in Apr 2024, up by 291% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Seminole Grove Estates are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Seminole Grove Estates; 50% of homes were sold within 30 days, 0% 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 4 Days Ago

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