Is Matanzas, 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, Matanzas was a Seller's Market.
Housing Prices in Matanzas, FL
How much do homes in Matanzas, FL cost?
Median Sold Price
$388,052
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Matanzas was $388,052 in May 2024, down 7.1% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $197.5K | $350K | +77.2% |
2 Bedrooms | $290K | $305K | +5.2% |
3 Bedrooms | $382.2K | $362.5K | -5.2% |
4 Bedrooms | $504.3K | $500K | -0.9% |
5+ Bedrooms | $533.4K | $477K | -10.6% |
Summary: Matanzas housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 77.2%, 2 bedroom homes increased by 5.2%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Cities
Elkton | $397K | $405K | +2.0% |
Matanzas | $417.5K | $388K | -7.1% |
Housing Supply in Matanzas, FL
How many homes are available in Matanzas, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
257 | 282 | +9.7% |
Summary: The Matanzas real estate market had 282 homes for sale in May 2024, a 9.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 84 | 89 | +6.0% |
3 Bedrooms | 97 | 111 | +14.4% |
4 Bedrooms | 57 | 63 | +10.5% |
5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The Matanzas 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 increased by 6%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 42 | +27.3% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Matanzas in May 2024, up by 27.3% month-over-month. Of the 42 sold homes, 83% were sold under asking, 14% were sold at asking, and 2% were sold over asking.
Days on Market for Matanzas, FL
How long does it take to sell a home in Matanzas, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 62 Days | +5.9% |
Summary: Homes in Matanzas had an average of 62 days on market in May 2024, up by 5.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 42 homes were sold in Matanzas; 33% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.