Is Casselberry-Altamonte Springs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Casselberry-Altamonte Springs has remained a Seller's Market.
Key Takeaway
Casselberry-Altamonte Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Casselberry-Altamonte Springs, FL
How much do homes in Casselberry-Altamonte Springs, FL cost?
Median Sold Price
$368,263
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Casselberry-Altamonte Springs have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Casselberry-Altamonte Springs was $368,263 in May 2024, up 3.7% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $149.9K | +7.1% |
| 2 Bedrooms | $215K | $229.7K | +6.9% |
| 3 Bedrooms | $350.3K | $369.9K | +5.6% |
| 4 Bedrooms | $460K | $481.1K | +4.6% |
| 5+ Bedrooms | $672K | $709.9K | +5.6% |
Summary: Casselberry-Altamonte Springs housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
| Altamonte Springs | $239.1K | $275.4K | +15.2% |
| Longwood | $410.3K | $449.6K | +9.6% |
| Casselberry | $325K | $345.9K | +6.4% |
| Casselberry-Altamonte Springs | $355.2K | $368.2K | +3.7% |
| Maitland | $460K | $460K | 0.0% |
Housing Supply in Casselberry-Altamonte Springs, FL
How many homes are available in Casselberry-Altamonte Springs, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1,023 | 1,095 | +7.0% |
Summary: The Casselberry-Altamonte Springs real estate market had 1,095 homes for sale in May 2024, a 7.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 97 | 102 | +5.2% |
| 2 Bedrooms | 201 | 236 | +17.4% |
| 3 Bedrooms | 424 | 438 | +3.3% |
| 4 Bedrooms | 249 | 264 | +6.0% |
| 5+ Bedrooms | 52 | 55 | +5.8% |
Summary: The Casselberry-Altamonte Springs housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 5.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 197 | 254 | +28.9% |
Asking Price vs. Sold Price
137 Homes Were Sold
Under Asking
74 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Casselberry-Altamonte Springs, you may be able to get a good deal. 53.9% of homes here sold below asking price last month.
Summary: A total of 254 homes were sold or pending in Casselberry-Altamonte Springs in May 2024, up by 28.9% month-over-month. Of the 254 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.
Days on Market for Casselberry-Altamonte Springs, FL
How long does it take to sell a home in Casselberry-Altamonte Springs, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 24 Days | 39 Days | +58.3% |
Summary: Homes in Casselberry-Altamonte Springs had an average of 39 days on market in May 2024, up by 58.3% compared to last year.
Breakdown of Home Sale Times
152 Homes Were Sold
Under 30 Days
75 Homes Were Sold
In 30 - 90 Days
27 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Casselberry-Altamonte Springs are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 254 homes were sold in Casselberry-Altamonte Springs; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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