Is Village of the Arts, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Village of the Arts is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Village of the Arts was a Neutral Market.

Key Takeaway

Village of the Arts is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Village of the Arts, FL

How much do homes in Village of the Arts, FL cost?

Median Sold Price

$195,000

$170/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$159,000(-44.9%)

Key Takeaway

Homes in Village of the Arts have sold for 44.9% less than they did a month ago.

Summary: The median home sold price in Village of the Arts was $195,000 in April 2024, down 44.9% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$195K
N/A
3 $354K-
N/A
4 --
N/A
5+ --
N/A

Summary: Village of the Arts 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Village of the Arts, FL

How many homes are available in Village of the Arts, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
75-28.6%

Summary: The Village of the Arts real estate market had 5 homes for sale in April 2024, a 28.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 22
0.0%
3 42
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Village of the Arts 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Village of the Arts, 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 Village of the Arts in April 2024, the same as the previous 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 Village of the Arts, FL

How long does it take to sell a home in Village of the Arts, FL?

Average Sale Time

Mar 2024Apr 2024CHANGE
21 Days83 Days+295.2%

Summary: Homes in Village of the Arts had an average of 83 days on market in Apr 2024, up by 295.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Village of the Arts has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Village of the Arts; 0% of homes were sold within 30 days, 100% 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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