Is Skycrest, 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, Skycrest has remained a Seller's Market.
Key Takeaway
Skycrest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Skycrest, FL
How much do homes in Skycrest, FL cost?
Median Sold Price
$379,900
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Skycrest have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Skycrest was $379,900 in April 2024, up 9.2% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $485K | - | N/A |
| 2 Bedrooms | $325K | $333.5K | +2.6% |
| 3 Bedrooms | $365K | $400K | +9.6% |
| 4 Bedrooms | $430K | $498.5K | +15.9% |
| 5+ Bedrooms | $489K | - | N/A |
Summary: Skycrest 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 2.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Skycrest | $348K | $379.9K | +9.2% |
| Glenwood Estates | $377.4K | $395K | +4.6% |
Housing Supply in Skycrest, FL
How many homes are available in Skycrest, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 20 | -20.0% |
Summary: The Skycrest real estate market had 20 homes for sale in April 2024, a 20.0% 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 | 6 | 4 | -33.3% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Skycrest 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 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Skycrest, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Skycrest in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Skycrest, FL
How long does it take to sell a home in Skycrest, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 66 Days | +16.5% |
Summary: Homes in Skycrest had an average of 66 days on market in Apr 2024, up by 16.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Skycrest has remained consistent over time.
Summary: During April 2024, 7 homes were sold in Skycrest; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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