Is The Bridges, 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, The Bridges has remained a Buyer's Market.
Key Takeaway
The Bridges is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in The Bridges, FL
How much do homes in The Bridges, FL cost?
Median Sold Price
$1,557,500
$436/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in The Bridges have sold for 8.4% less than they did a year ago.
Summary: The median home sold price in The Bridges was $1,557,500 in April 2024, down 8.4% from last year, and the median price per square foot was $436.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.4M | $1.6M | +12.4% |
| 4 Bedrooms | $1.7M | $1.5M | -12.0% |
| 5+ Bedrooms | $2.1M | $1.8M | -15.5% |
Summary: The Bridges 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 increased by 12.4%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 15.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Mizner Country Club | $1.3M | $1.5M | +18.3% |
| The Bridges | $1.7M | $1.5M | -8.4% |
| Saint Andrews Country Club | $3.0M | $2.7M | -10.7% |
Housing Supply in The Bridges, FL
How many homes are available in The Bridges, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Summary: The The Bridges real estate market had 15 homes for sale in April 2024, a 25.0% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The The Bridges 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 increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +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
Key Takeaway
If you're buying a home in The Bridges, 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 The Bridges 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 The Bridges, FL
How long does it take to sell a home in The Bridges, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 112 Days | 122 Days | +8.9% |
Summary: Homes in The Bridges had an average of 122 days on market in Apr 2024, up by 8.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in The Bridges are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 1 homes were sold in The Bridges; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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