Is Sun Tan Village, 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, Sun Tan Village has remained a Seller's Market.
Key Takeaway
Sun Tan Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sun Tan Village, FL
How much do homes in Sun Tan Village, FL cost?
Median Sold Price
$539,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sun Tan Village have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Sun Tan Village was $539,000 in April 2024, up 9.1% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $432.5K | $562.5K | +30.1% |
| 3 Bedrooms | $450K | $507.5K | +12.8% |
| 4 Bedrooms | $509.5K | $560K | +9.9% |
| 5+ Bedrooms | $525K | $590K | +12.4% |
Summary: Sun Tan Village 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 30.1%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 12.4%.
Housing Supply in Sun Tan Village, FL
How many homes are available in Sun Tan Village, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Sun Tan Village real estate market had 10 homes for sale in April 2024, a 16.7% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sun Tan Village 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 decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sun Tan Village, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sun Tan Village in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Sun Tan Village, FL
How long does it take to sell a home in Sun Tan Village, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 58 Days | +83.7% |
Summary: Homes in Sun Tan Village had an average of 58 days on market in Apr 2024, up by 83.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sun Tan Village has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Sun Tan Village; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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