Is The Sanctuary, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Sanctuary is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, The Sanctuary has remained a Seller's Market.

Key Takeaway

The Sanctuary is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in The Sanctuary, FL

How much do homes in The Sanctuary, FL cost?

Median Sold Price

$1,180,625

$394/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$555,675(+88.9%)

Key Takeaway

Homes in The Sanctuary have sold for 88.9% more than they did a month ago.

Summary: The median home sold price in The Sanctuary was $1,180,625 in April 2024, up 88.9% from last month, and the median price per square foot was $394.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $637K-
N/A
3 $624.9K$660K
+5.6%
4 --
N/A
5+ -$1.7M
N/A

Summary: The Sanctuary housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in The Sanctuary, FL

How many homes are available in The Sanctuary, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
95-44.4%

Summary: The The Sanctuary real estate market had 5 homes for sale in April 2024, a 44.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 73
-57.1%
4 01
+100.0%
5+ 11
0.0%

Summary: The The Sanctuary 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 decreased by 100%, 3 bedroom homes decreased by 57.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Sanctuary, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in The Sanctuary in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for The Sanctuary, FL

How long does it take to sell a home in The Sanctuary, FL?

Average Sale Time

Mar 2024Apr 2024CHANGE
39 Days54 Days+35.6%

Summary: Homes in The Sanctuary had an average of 54 days on market in Apr 2024, up by 35.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in The Sanctuary are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in The Sanctuary; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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