Is Steeplechase, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Steeplechase is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Steeplechase was a Neutral Market.

Key Takeaway

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

Housing Prices in Steeplechase, FL

How much do homes in Steeplechase, FL cost?

Median Sold Price

$2,600,000

$543/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$581,250(-18.3%)

Key Takeaway

Homes in Steeplechase have sold for 18.3% less than they did a year ago.

Summary: The median home sold price in Steeplechase was $2,600,000 in April 2024, down 18.3% from last year, and the median price per square foot was $543.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $2.1M$1.5M
-25.0%
5+ $3.9M$3.8M
-2.6%

Summary: Steeplechase 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Neighborhoods

Woodbine
-3.1%
Steeplechase
-18.3%

Housing Supply in Steeplechase, FL

How many homes are available in Steeplechase, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1715-11.8%

Summary: The Steeplechase real estate market had 15 homes for sale in April 2024, a 11.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 22
0.0%
5+ 1412
-14.3%

Summary: The Steeplechase 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

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 Steeplechase, 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 Steeplechase in April 2024, up by 100.0% month-over-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 Steeplechase, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
131 Days29 Days-77.9%

Summary: Homes in Steeplechase had an average of 29 days on market in Apr 2024, down by 77.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Steeplechase are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Steeplechase; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

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