Is The Oaks, 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, The Oaks has remained a Seller's Market.
Housing Prices in The Oaks, FL
How much do homes in The Oaks, FL cost?
Median Sold Price
$410,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in The Oaks was $410,000 in April 2024, down 2.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $223.9K | $200K | -10.7% |
3 Bedrooms | $345K | $376.4K | +9.1% |
4 Bedrooms | $455K | $404K | -11.2% |
5+ Bedrooms | $595K | $514.9K | -13.5% |
Summary: The Oaks 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 10.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 11.2%, and 5+ bedroom homes decreased by 13.5%.
Median Sold Price Compared To Nearby Neighborhoods
The Oaks | $421K | $410K | -2.6% |
Shingle Creek Reserve | $425K | $411K | -3.3% |
Housing Supply in The Oaks, FL
How many homes are available in The Oaks, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 37 | +19.4% |
Summary: The The Oaks real estate market had 37 homes for sale in April 2024, a 19.4% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 5 | 9 | +80.0% |
4 Bedrooms | 22 | 24 | +9.1% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The The Oaks 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 increased by 80%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in The Oaks in April 2024, up by 125.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for The Oaks, FL
How long does it take to sell a home in The Oaks, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 51 Days | -16.9% |
Summary: Homes in The Oaks had an average of 51 days on market in Apr 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in The Oaks; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.