Is Tequesta, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$677,750
$419/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Tequesta was $677,750 in March 2024, down 8.4% from last year, and the median price per square foot was $419.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $270K | +1.9% |
2 Bedrooms | $350K | $336.2K | -3.9% |
3 Bedrooms | $765K | $777.5K | +1.6% |
4 Bedrooms | $1.0M | $1.0M | -1.4% |
5+ Bedrooms | $3.7M | $7.2M | +92.0% |
Summary: Tequesta housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 92%.
Median Sold Price Compared To Nearby Cities
Port Salerno-Hobe Sound | $445.5K | $492.5K | +10.5% |
Jupiter | $667.5K | $726.6K | +8.9% |
Tequesta | $740K | $677.7K | -8.4% |
Housing Supply in Tequesta, FL
How many homes are available in Tequesta, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
99 | 112 | +13.1% |
Summary: The Tequesta real estate market had 112 homes for sale in March 2024, a 13.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 24 | 29 | +20.8% |
3 Bedrooms | 51 | 57 | +11.8% |
4 Bedrooms | 19 | 22 | +15.8% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Tequesta housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Tequesta in March 2024, up by 44.4% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 45 Days | -7.0% |
Summary: Homes in Tequesta had an average of 45 days on market in Mar 2024, down by 7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Tequesta; 54% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.