Is Vina Del Mar Island, 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, Vina Del Mar Island has remained a Seller's Market.
Housing Prices in Vina Del Mar Island, FL
How much do homes in Vina Del Mar Island, FL cost?
Median Sold Price
$1,150,000
$689/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Vina Del Mar Island was $1,150,000 in April 2024, down 21.4% from last year, and the median price per square foot was $689.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $1.2M | $767.5K | -39.8% |
3 Bedrooms | $1.5M | $1.1M | -24.8% |
4 Bedrooms | $1.6M | $1.4M | -10.8% |
5+ Bedrooms | - | - | N/A |
Summary: Vina Del Mar Island 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 decreased by 39.8%, 3 bedroom homes decreased by 24.8%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes did not change.
Housing Supply in Vina Del Mar Island, FL
How many homes are available in Vina Del Mar Island, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Summary: The Vina Del Mar Island real estate market had 7 homes for sale in April 2024, a 30.0% 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 | 4 | 1 | -75.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Vina Del Mar Island 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 75%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Vina Del Mar Island in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Vina Del Mar Island, FL
How long does it take to sell a home in Vina Del Mar Island, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
97 Days | 13 Days | -86.2% |
Summary: Homes in Vina Del Mar Island had an average of 13 days on market in Apr 2024, down by 86.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Vina Del Mar Island; 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.