Is The Meadows, 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, The Meadows has remained a Seller's Market.
Housing Prices in The Meadows, FL
How much do homes in The Meadows, FL cost?
Median Sold Price
$390,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in The Meadows was $390,000 in May 2024, up 5.4% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $217.5K | $231K | +6.2% |
2 Bedrooms | $343.5K | $340K | -1.0% |
3 Bedrooms | $522.5K | $575K | +10.0% |
4 Bedrooms | $1.0M | $839K | -18.1% |
5+ Bedrooms | - | $725K | N/A |
Summary: The Meadows housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 18.1%, and 5+ bedroom homes did not change.
Housing Supply in The Meadows, FL
How many homes are available in The Meadows, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
132 | 117 | -11.4% |
Summary: The The Meadows real estate market had 117 homes for sale in May 2024, a 11.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 10 | -16.7% |
2 Bedrooms | 81 | 76 | -6.2% |
3 Bedrooms | 39 | 31 | -20.5% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Meadows housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 20.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 22 | -12.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in The Meadows in May 2024, down by 12.0% month-over-month. Of the 22 sold homes, 91% were sold under asking, 9% were sold at asking, and 0% were sold over asking.
Days on Market for The Meadows, FL
How long does it take to sell a home in The Meadows, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 69 Days | +154.1% |
Summary: Homes in The Meadows had an average of 69 days on market in May 2024, up by 154.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 22 homes were sold in The Meadows; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.