Is Silverbluff Estates, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Silverbluff Estates has remained a Seller's Market.
Key Takeaway
Silverbluff Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Silverbluff Estates, FL
How much do homes in Silverbluff Estates, FL cost?
Median Sold Price
$735,000
$505/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Silverbluff Estates have sold for 5% more than they did a year ago.
Summary: The median home sold price in Silverbluff Estates was $735,000 in April 2024, up 5% from last year, and the median price per square foot was $505.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $355K | N/A |
| 2 Bedrooms | $455K | $652.5K | +43.4% |
| 3 Bedrooms | $803.7K | $815K | +1.4% |
| 4 Bedrooms | $1.2M | $835K | -32.0% |
| 5+ Bedrooms | - | $450K | N/A |
Summary: Silverbluff 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 increased by 43.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 32%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| The Pines | $392K | $493K | +25.8% |
| Douglas Park | $551.3K | $672.5K | +22.0% |
| Shenandoah | $653.3K | $690K | +5.6% |
| Silverbluff Estates | $700K | $735K | +5.0% |
Housing Supply in Silverbluff Estates, FL
How many homes are available in Silverbluff Estates, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Silverbluff Estates real estate market had 26 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Silverbluff Estates housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Silverbluff Estates, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Silverbluff Estates in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Silverbluff Estates, FL
How long does it take to sell a home in Silverbluff Estates, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 46 Days | +17.9% |
Summary: Homes in Silverbluff Estates had an average of 46 days on market in Apr 2024, up by 17.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Silverbluff Estates has remained consistent over time.
Summary: During April 2024, 6 homes were sold in Silverbluff Estates; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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