Is Siena Condos, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Siena Condos is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, Siena Condos has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Siena Condos, FL

How much do homes in Siena Condos, FL cost?

Median Sold Price

$358,500

$315/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$18,500(+5.4%)

Key Takeaway

Homes in Siena Condos have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Siena Condos was $358,500 in April 2024, up 5.4% from last year, and the median price per square foot was $315.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $285.9K$280.5K
-1.9%
2 $340.6K$360K
+5.7%
3 $412.5K$405K
-1.8%
4 $505K-
N/A
5+ --
N/A

Summary: Siena Condos housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Celebration
+11.7%
South Village
+8.6%
Siena Condos
+5.4%

Housing Supply in Siena Condos, FL

How many homes are available in Siena Condos, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1215+25.0%

Summary: The Siena Condos real estate market had 15 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 55
0.0%
3 69
+50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Siena Condos 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Siena Condos, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Siena Condos in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Siena Condos, FL

How long does it take to sell a home in Siena Condos, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
26 Days446 Days+1615.4%

Summary: Homes in Siena Condos had an average of 446 days on market in Apr 2024, up by 1615.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were 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

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

Summary: During April 2024, 1 homes were sold in Siena Condos; 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.

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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