Is Shore Acres, 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, Shore Acres was a Seller's Market.
Housing Prices in Shore Acres, FL
How much do homes in Shore Acres, FL cost?
Median Sold Price
$533,500
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Shore Acres was $533,500 in April 2024, down 3.6% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.5K | $179K | +6.9% |
2 Bedrooms | $367.5K | $331.4K | -9.8% |
3 Bedrooms | $555K | $565K | +1.8% |
4 Bedrooms | $725K | $800K | +10.3% |
5+ Bedrooms | $995K | $4.1M | +312.1% |
Summary: Shore Acres housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 312.1%.
Median Sold Price Compared To Nearby Neighborhoods
Mangrove Bay / Tanglewood | $390K | $475K | +21.8% |
Venetian Isles | $1.4M | $1.5M | +10.5% |
Shore Acres | $553.5K | $533.5K | -3.6% |
Housing Supply in Shore Acres, FL
How many homes are available in Shore Acres, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
170 | 198 | +16.5% |
Summary: The Shore Acres real estate market had 198 homes for sale in April 2024, a 16.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 27 | 31 | +14.8% |
3 Bedrooms | 90 | 107 | +18.9% |
4 Bedrooms | 44 | 52 | +18.2% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Shore Acres housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 21 | +40.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Shore Acres in April 2024, up by 40.0% month-over-month. Of the 21 sold homes, 71% were sold under asking, 19% were sold at asking, and 10% were sold over asking.
Days on Market for Shore Acres, FL
How long does it take to sell a home in Shore Acres, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
70 Days | 53 Days | -24.2% |
Summary: Homes in Shore Acres had an average of 53 days on market in Apr 2024, down by 24.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Shore Acres; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.