Is Greenacres, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Greenacres was a Seller's Market.
Housing Prices in Greenacres, FL
How much do homes in Greenacres, FL cost?
Median Sold Price
$290,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Greenacres was $290,000 in April 2024, up 3.4% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $126.7K | $140K | +10.5% |
2 Bedrooms | $222.5K | $232.5K | +4.5% |
3 Bedrooms | $350K | $375K | +7.1% |
4 Bedrooms | $490K | $535K | +9.2% |
5+ Bedrooms | $609.9K | $573.7K | -5.9% |
Summary: Greenacres housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 5.9%.
Housing Supply in Greenacres, FL
How many homes are available in Greenacres, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
302 | 346 | +14.6% |
Summary: The Greenacres real estate market had 346 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 18 | +100.0% |
2 Bedrooms | 172 | 194 | +12.8% |
3 Bedrooms | 98 | 114 | +16.3% |
4 Bedrooms | 16 | 13 | -18.8% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Greenacres housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 16.3%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 54 | +5.9% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in Greenacres in April 2024, up by 5.9% month-over-month. Of the 54 sold homes, 63% were sold under asking, 22% were sold at asking, and 15% were sold over asking.
Days on Market for Greenacres, FL
How long does it take to sell a home in Greenacres, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 37 Days | +49.0% |
Summary: Homes in Greenacres had an average of 37 days on market in Apr 2024, up by 49% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 54 homes were sold in Greenacres; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.