Is Princeton-Goulds, 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, Princeton-Goulds has remained a Seller's Market.
Key Takeaway
Princeton-Goulds is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Princeton-Goulds, FL
How much do homes in Princeton-Goulds, FL cost?
Median Sold Price
$510,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Princeton-Goulds have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Princeton-Goulds was $510,000 in April 2024, up 10.1% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $193K | +4.3% |
| 2 Bedrooms | $250K | $265.5K | +6.2% |
| 3 Bedrooms | $430K | $469.7K | +9.2% |
| 4 Bedrooms | $518.7K | $565K | +8.9% |
| 5+ Bedrooms | $645K | $699.2K | +8.4% |
Summary: Princeton-Goulds housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Palmetto Bay | $963.2K | $1.1M | +14.2% |
| Homestead | $407.9K | $456K | +11.8% |
| Princeton-Goulds | $463.2K | $510K | +10.1% |
| Kendall-Palmetto Bay | $703.6K | $773.9K | +10.0% |
| Cutler Bay | $515K | $550K | +6.8% |
Housing Supply in Princeton-Goulds, FL
How many homes are available in Princeton-Goulds, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 791 | 868 | +9.7% |
Summary: The Princeton-Goulds real estate market had 868 homes for sale in April 2024, a 9.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 51 | 62 | +21.6% |
| 3 Bedrooms | 349 | 370 | +6.0% |
| 4 Bedrooms | 277 | 301 | +8.7% |
| 5+ Bedrooms | 109 | 131 | +20.2% |
Summary: The Princeton-Goulds housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 20.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 149 | 153 | +2.7% |
Asking Price vs. Sold Price
92 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Princeton-Goulds, you may be able to get a good deal. 60.1% of homes here sold below asking price last month.
Summary: A total of 153 homes were sold or pending in Princeton-Goulds in April 2024, up by 2.7% month-over-month. Of the 153 sold homes, 60% were sold under asking, 25% were sold at asking, and 15% were sold over asking.
Days on Market for Princeton-Goulds, FL
How long does it take to sell a home in Princeton-Goulds, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 41 Days | -5.6% |
Summary: Homes in Princeton-Goulds had an average of 41 days on market in Apr 2024, down by 5.6% compared to last year.
Breakdown of Home Sale Times
85 Homes Were Sold
Under 30 Days
46 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Princeton-Goulds are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 153 homes were sold in Princeton-Goulds; 56% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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