Is Suntree, 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, Suntree has remained a Seller's Market.
Key Takeaway
Suntree is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Suntree, FL
How much do homes in Suntree, FL cost?
Median Sold Price
$381,000
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Suntree have sold for 3.5% less than they did a year ago.
Summary: The median home sold price in Suntree was $381,000 in April 2024, down 3.5% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195.5K | - | N/A |
| 2 Bedrooms | $250K | $250K | 0.0% |
| 3 Bedrooms | $410K | $398.5K | -2.8% |
| 4 Bedrooms | $579K | $660K | +14.0% |
| 5+ Bedrooms | - | $887.5K | N/A |
Summary: Suntree 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 decreased by 2.8%, 4 bedroom homes increased by 14%, and 5+ bedroom homes did not change.
Housing Supply in Suntree, FL
How many homes are available in Suntree, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 17 | +6.3% |
Summary: The Suntree real estate market had 17 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Suntree housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Suntree, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Suntree in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Suntree, FL
How long does it take to sell a home in Suntree, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 19 Days | -58.4% |
Summary: Homes in Suntree had an average of 19 days on market in Apr 2024, down by 58.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Suntree are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Suntree; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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