Is Dundee, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dundee is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Dundee was a Seller's Market.

Key Takeaway

Dundee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dundee, FL

How much do homes in Dundee, FL cost?

Median Sold Price

$290,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$10,000(-3.3%)

Key Takeaway

Homes in Dundee have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Dundee was $290,000 in April 2024, down 3.3% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$142K
N/A
2 $175K$210K
+20.0%
3 $295K$274.7K
-6.9%
4 $320K$321.3K
0.4%
5+ $329K$323.5K
-1.7%

Summary: Dundee 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 increased by 20%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 1.7%.

Median Sold Price Compared To Nearby Cities

Winter Haven
-2.5%
Dundee
-3.3%

Housing Supply in Dundee, FL

How many homes are available in Dundee, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4039-2.5%

Summary: The Dundee real estate market had 39 homes for sale in April 2024, a 2.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2521
-16.0%
4 1113
+18.2%
5+ 23
+50.0%

Summary: The Dundee 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 16%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dundee, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Dundee in April 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Dundee, FL

How long does it take to sell a home in Dundee, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days112 Days+273.3%

Summary: Homes in Dundee had an average of 112 days on market in Apr 2024, up by 273.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dundee are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Dundee; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Dundee, FL

Nearby Markets to Dundee, FL

What housing markets are near Dundee, FL?