Is Groveland-Mascotte, 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, Groveland-Mascotte has remained a Seller's Market.
Housing Prices in Groveland-Mascotte, FL
How much do homes in Groveland-Mascotte, FL cost?
Median Sold Price
$380,299
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Groveland-Mascotte was $380,299 in May 2024, up 1.4% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $177.5K | N/A |
2 Bedrooms | $330K | $337K | +2.1% |
3 Bedrooms | $341.8K | $353.7K | +3.5% |
4 Bedrooms | $403.5K | $404.9K | 0.4% |
5+ Bedrooms | $474.9K | $475K | 0.0% |
Summary: Groveland-Mascotte 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 2.1%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes did not change.
Housing Supply in Groveland-Mascotte, FL
How many homes are available in Groveland-Mascotte, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
314 | 310 | -1.3% |
Summary: The Groveland-Mascotte real estate market had 310 homes for sale in May 2024, a 1.3% 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 | 40 | 43 | +7.5% |
3 Bedrooms | 137 | 135 | -1.5% |
4 Bedrooms | 110 | 107 | -2.7% |
5+ Bedrooms | 27 | 25 | -7.4% |
Summary: The Groveland-Mascotte 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 7.5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 7.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
71 | 57 | -19.7% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in Groveland-Mascotte in May 2024, down by 19.7% month-over-month. Of the 57 sold homes, 61% were sold under asking, 26% were sold at asking, and 12% were sold over asking.
Days on Market for Groveland-Mascotte, FL
How long does it take to sell a home in Groveland-Mascotte, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 65 Days | +24.5% |
Summary: Homes in Groveland-Mascotte had an average of 65 days on market in May 2024, up by 24.5% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During May 2024, 57 homes were sold in Groveland-Mascotte; 42% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.