Is Turtle Cay, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Turtle Cay is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Turtle Cay has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Turtle Cay, FL

How much do homes in Turtle Cay, FL cost?

Median Sold Price

$371,500

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$44,500(+13.6%)

Key Takeaway

Homes in Turtle Cay have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Turtle Cay was $371,500 in April 2024, up 13.6% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $290K$335K
+15.5%
3 $330K$370.5K
+12.3%
4 $500K$520K
+4.0%
5+ --
N/A

Summary: Turtle Cay 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 increased by 15.5%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes did not change.

Housing Supply in Turtle Cay, FL

How many homes are available in Turtle Cay, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1110-9.1%

Summary: The Turtle Cay real estate market had 10 homes for sale in April 2024, a 9.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 64
-33.3%
5+ 00
0.0%

Summary: The Turtle Cay 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 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were 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 Turtle Cay, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Turtle Cay in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Turtle Cay, FL

How long does it take to sell a home in Turtle Cay, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
193 Days11 Days-93.9%

Summary: Homes in Turtle Cay had an average of 11 days on market in Apr 2024, down by 93.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 4 homes were sold in Turtle Cay; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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