Is Shoreland Woods, 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, Shoreland Woods was a Neutral Market.
Key Takeaway
Shoreland Woods is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shoreland Woods, FL
How much do homes in Shoreland Woods, FL cost?
Median Sold Price
$1,800,000
$745/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Shoreland Woods have sold for 165.7% more than they did a year ago.
Summary: The median home sold price in Shoreland Woods was $1,800,000 in April 2024, up 165.7% from last year, and the median price per square foot was $745.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $217.5K | -1.1% |
| 2 Bedrooms | $314.5K | $422K | +34.2% |
| 3 Bedrooms | $1.4M | $1.7M | +16.2% |
| 4 Bedrooms | - | $3.0M | N/A |
| 5+ Bedrooms | $5.0M | $3.6M | -27.0% |
Summary: Shoreland Woods housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes increased by 34.2%, 3 bedroom homes increased by 16.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 27%.
Median Sold Price Compared To Nearby Neighborhoods
| Shoreland Woods | $677.5K | $1.8M | +165.7% |
| West of Trail | $618.9K | $800K | +29.2% |
| South Poinsettia Park | $1.8M | $1.6M | -9.3% |
Housing Supply in Shoreland Woods, FL
How many homes are available in Shoreland Woods, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Shoreland Woods real estate market had 11 homes for sale in April 2024, a 8.3% decrease 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Shoreland Woods 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shoreland Woods, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Shoreland Woods in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Shoreland Woods, FL
How long does it take to sell a home in Shoreland Woods, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 1 Day | 67 Days | +6666.7% |
Summary: Homes in Shoreland Woods had an average of 67 days on market in Apr 2024, up by 6666.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Shoreland Woods are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Shoreland Woods; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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