Is Groveland-Mascotte, 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, Groveland-Mascotte has remained a Seller's Market.
Key Takeaway
Groveland-Mascotte is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Groveland-Mascotte, FL
How much do homes in Groveland-Mascotte, FL cost?
Median Sold Price
$380,082
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Groveland-Mascotte have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Groveland-Mascotte was $380,082 in April 2024, up 1.4% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $177.5K | +1.4% |
| 2 Bedrooms | $341.2K | $330K | -3.3% |
| 3 Bedrooms | $345K | $351K | +1.7% |
| 4 Bedrooms | $400K | $404.9K | +1.2% |
| 5+ Bedrooms | $465K | $468.3K | +0.7% |
Summary: Groveland-Mascotte housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in Groveland-Mascotte, FL
How many homes are available in Groveland-Mascotte, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 291 | 285 | -2.1% |
Summary: The Groveland-Mascotte real estate market had 285 homes for sale in April 2024, a 2.1% 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 | 40 | 40 | 0.0% |
| 3 Bedrooms | 138 | 131 | -5.1% |
| 4 Bedrooms | 96 | 96 | 0.0% |
| 5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Groveland-Mascotte 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 5.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 65 | +14.0% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Groveland-Mascotte, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.
Summary: A total of 65 homes were sold or pending in Groveland-Mascotte in April 2024, up by 14.0% month-over-month. Of the 65 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Groveland-Mascotte, FL
How long does it take to sell a home in Groveland-Mascotte, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 55 Days | +13.1% |
Summary: Homes in Groveland-Mascotte had an average of 55 days on market in Apr 2024, up by 13.1% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Groveland-Mascotte are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 65 homes were sold in Groveland-Mascotte; 46% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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