Is Cutler, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Cutler was a Seller's Market.
Housing Prices in Cutler, FL
How much do homes in Cutler, FL cost?
Median Sold Price
$1,200,350
$494/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cutler was $1,200,350 in May 2024, up 9.1% from last year, and the median price per square foot was $494.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $192.5K | $198K | +2.9% |
2 Bedrooms | $285K | $292.4K | +2.6% |
3 Bedrooms | $930K | $980K | +5.4% |
4 Bedrooms | $1.1M | $1.2M | +13.6% |
5+ Bedrooms | $1.3M | $1.5M | +14.5% |
Summary: Cutler housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 14.5%.
Housing Supply in Cutler, FL
How many homes are available in Cutler, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
110 | 135 | +22.7% |
Summary: The Cutler real estate market had 135 homes for sale in May 2024, a 22.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 25 | 38 | +52.0% |
4 Bedrooms | 47 | 58 | +23.4% |
5+ Bedrooms | 31 | 31 | 0.0% |
Summary: The Cutler housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 52%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Cutler in May 2024, up by 10.5% month-over-month. Of the 21 sold homes, 57% were sold under asking, 38% were sold at asking, and 5% were sold over asking.
Days on Market for Cutler, FL
How long does it take to sell a home in Cutler, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
66 Days | 58 Days | -11.6% |
Summary: Homes in Cutler had an average of 58 days on market in May 2024, down by 11.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Cutler; 48% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.