Is Fruit Cove, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Fruit Cove was a Seller's Market.
Housing Prices in Fruit Cove, FL
How much do homes in Fruit Cove, FL cost?
Median Sold Price
$559,191
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fruit Cove was $559,191 in April 2024, up 1.4% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | - | N/A |
2 Bedrooms | $389.5K | $379.7K | -2.5% |
3 Bedrooms | $455K | $443.8K | -2.5% |
4 Bedrooms | $573.2K | $587K | +2.4% |
5+ Bedrooms | $747.8K | $799K | +6.8% |
Summary: Fruit Cove 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 2.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 6.8%.
Median Sold Price Compared To Nearby Cities
Jacksonville East | $343.3K | $352.1K | +2.6% |
Jacksonville | $299.9K | $304.3K | +1.5% |
Fruit Cove | $551.7K | $559.1K | +1.4% |
Saint Johns | $539.1K | $539.8K | 0.1% |
Fleming Island | $442K | $430K | -2.7% |
Housing Supply in Fruit Cove, FL
How many homes are available in Fruit Cove, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
511 | 519 | +1.6% |
Summary: The Fruit Cove real estate market had 519 homes for sale in April 2024, a 1.6% increase 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 | 43 | 39 | -9.3% |
3 Bedrooms | 132 | 138 | +4.5% |
4 Bedrooms | 205 | 205 | 0.0% |
5+ Bedrooms | 131 | 137 | +4.6% |
Summary: The Fruit Cove 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 9.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 4.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 83 | -17.8% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 83 homes were sold or pending in Fruit Cove in April 2024, down by 17.8% month-over-month. Of the 83 sold homes, 64% were sold under asking, 20% were sold at asking, and 16% were sold over asking.
Days on Market for Fruit Cove, FL
How long does it take to sell a home in Fruit Cove, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
83 Days | 54 Days | -35.0% |
Summary: Homes in Fruit Cove had an average of 54 days on market in Apr 2024, down by 35% compared to last year.
Breakdown of Home Sale Times
42 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During April 2024, 83 homes were sold in Fruit Cove; 51% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.