Is Turtle Rock on Palmer Ranch, 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, Turtle Rock on Palmer Ranch has remained a Seller's Market.
Housing Prices in Turtle Rock on Palmer Ranch, FL
How much do homes in Turtle Rock on Palmer Ranch, FL cost?
Median Sold Price
$739,500
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Turtle Rock on Palmer Ranch was $739,500 in April 2024, down 7% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $577.5K | - | N/A |
3 Bedrooms | $790K | $680K | -13.9% |
4 Bedrooms | $1.0M | $887.5K | -14.3% |
5+ Bedrooms | $860K | $808K | -6.0% |
Summary: Turtle Rock on Palmer Ranch 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 decreased by 13.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Neighborhoods
Palmer Ranch | $520K | $511.7K | -1.6% |
Village Walk on Palmer Ranch | $530K | $497.5K | -6.1% |
Turtle Rock on Palmer Ranch | $795.5K | $739.5K | -7.0% |
Housing Supply in Turtle Rock on Palmer Ranch, FL
How many homes are available in Turtle Rock on Palmer Ranch, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 11 | -15.4% |
Summary: The Turtle Rock on Palmer Ranch real estate market had 11 homes for sale in April 2024, a 15.4% decrease 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 | 9 | 8 | -11.1% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Turtle Rock on Palmer Ranch 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 decreased by 11.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Turtle Rock on Palmer Ranch in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Turtle Rock on Palmer Ranch, FL
How long does it take to sell a home in Turtle Rock on Palmer Ranch, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 35 Days | +377.3% |
Summary: Homes in Turtle Rock on Palmer Ranch had an average of 35 days on market in Apr 2024, up by 377.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Turtle Rock on Palmer Ranch; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.