Is Tequesta, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Tequesta was a Seller's Market.
Housing Prices in Tequesta, FL
How much do homes in Tequesta, FL cost?
Median Sold Price
$750,000
$460/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Tequesta was $750,000 in June 2024, up 25% from last year, and the median price per square foot was $460.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $265K | 0.0% |
2 Bedrooms | $295K | $359.5K | +21.9% |
3 Bedrooms | $709.5K | $800K | +12.8% |
4 Bedrooms | $1.0M | $1.2M | +23.2% |
5+ Bedrooms | $3.0M | $7.2M | +140.0% |
Summary: Tequesta housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes increased by 140%.
Median Sold Price Compared To Nearby Cities
Tequesta | $600K | $750K | +25.0% |
Port Salerno-Hobe Sound | $452.4K | $503.3K | +11.3% |
Jupiter | $674.6K | $749.9K | +11.2% |
Housing Supply in Tequesta, FL
How many homes are available in Tequesta, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
105 | 99 | -5.7% |
Summary: The Tequesta real estate market had 99 homes for sale in June 2024, a 5.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 30 | 34 | +13.3% |
3 Bedrooms | 51 | 45 | -11.8% |
4 Bedrooms | 18 | 13 | -27.8% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Tequesta housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
20 | 9 | -55.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Tequesta in June 2024, down by 55.0% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Tequesta, FL
How long does it take to sell a home in Tequesta, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
39 Days | 84 Days | +111.7% |
Summary: Homes in Tequesta had an average of 84 days on market in Jun 2024, up by 111.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 9 homes were sold in Tequesta; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.