Is Grant-Valkaria, 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, Grant-Valkaria has remained a Seller's Market.
Key Takeaway
Grant-Valkaria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grant-Valkaria, FL
How much do homes in Grant-Valkaria, FL cost?
Median Sold Price
$590,000
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Grant-Valkaria have sold for 61.9% more than they did a year ago.
Summary: The median home sold price in Grant-Valkaria was $590,000 in May 2024, up 61.9% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $345K | $465K | +34.8% |
| 3 Bedrooms | $349.8K | $567.5K | +62.2% |
| 4 Bedrooms | $363.3K | $655K | +80.3% |
| 5+ Bedrooms | $424.6K | $765K | +80.2% |
Summary: Grant-Valkaria 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 34.8%, 3 bedroom homes increased by 62.2%, 4 bedroom homes increased by 80.3%, and 5+ bedroom homes increased by 80.2%.
Median Sold Price Compared To Nearby Cities
| Grant | $360.3K | $615K | +70.7% |
| Grant-Valkaria | $364.3K | $590K | +61.9% |
| Malabar | $555K | $599.9K | +8.1% |
| Palm Bay | $335.1K | $330K | -1.5% |
| Melbourne Shores-Floridana Beach | $677.5K | $640K | -5.5% |
Housing Supply in Grant-Valkaria, FL
How many homes are available in Grant-Valkaria, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 68 | 73 | +7.4% |
Summary: The Grant-Valkaria real estate market had 73 homes for sale in May 2024, a 7.4% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 22 | 24 | +9.1% |
| 4 Bedrooms | 31 | 31 | 0.0% |
| 5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Grant-Valkaria 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 15 | +150.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grant-Valkaria, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Grant-Valkaria in May 2024, up by 150.0% month-over-month. Of the 15 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Grant-Valkaria, FL
How long does it take to sell a home in Grant-Valkaria, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 58 Days | 41 Days | -29.8% |
Summary: Homes in Grant-Valkaria had an average of 41 days on market in May 2024, down by 29.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grant-Valkaria are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 15 homes were sold in Grant-Valkaria; 47% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% 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.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.