Is Broken Sound Country Club, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Broken Sound Country Club was a Seller's Market.
Key Takeaway
Broken Sound Country Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Broken Sound Country Club, FL
How much do homes in Broken Sound Country Club, FL cost?
Median Sold Price
$799,500
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Broken Sound Country Club have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Broken Sound Country Club was $799,500 in May 2024, up 0.6% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $375K | $562.5K | +50.0% |
| 3 Bedrooms | $710K | $747.5K | +5.3% |
| 4 Bedrooms | $1.2M | $1.0M | -15.2% |
| 5+ Bedrooms | $2.4M | $1.9M | -20.5% |
Summary: Broken Sound Country Club housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes decreased by 20.5%.
Housing Supply in Broken Sound Country Club, FL
How many homes are available in Broken Sound Country Club, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 63 | 56 | -11.1% |
Summary: The Broken Sound Country Club real estate market had 56 homes for sale in May 2024, a 11.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 41 | 38 | -7.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Broken Sound Country Club housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 5 | -68.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Broken Sound Country Club, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Broken Sound Country Club in May 2024, down by 68.8% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Broken Sound Country Club, FL
How long does it take to sell a home in Broken Sound Country Club, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 78 Days | +104.4% |
Summary: Homes in Broken Sound Country Club had an average of 78 days on market in May 2024, up by 104.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Broken Sound Country Club has remained consistent over time.
Summary: During May 2024, 5 homes were sold in Broken Sound Country Club; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.