Is Ocean Breeze Golf Club, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ocean Breeze Golf Club is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Ocean Breeze Golf Club has remained a Seller's Market.

Key Takeaway

Ocean Breeze Golf Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ocean Breeze Golf Club, FL

How much do homes in Ocean Breeze Golf Club, FL cost?

Median Sold Price

$287,500

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,500(+3.0%)

Key Takeaway

Homes in Ocean Breeze Golf Club have sold for 3% more than they did a year ago.

Summary: The median home sold price in Ocean Breeze Golf Club was $287,500 in May 2024, up 3% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $195K$190K
-2.6%
2 $278.5K$264.5K
-5.0%
3 $370K$361K
-2.4%
4 $510K$1.0M
+102.9%
5+ -$1.0M
N/A

Summary: Ocean Breeze Golf Club housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 102.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Delray Manors
+90.0%
Ocean Breeze Golf Club
+3.0%

Housing Supply in Ocean Breeze Golf Club, FL

How many homes are available in Ocean Breeze Golf Club, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4843-10.4%

Summary: The Ocean Breeze Golf Club real estate market had 43 homes for sale in May 2024, a 10.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 65
-16.7%
2 3532
-8.6%
3 76
-14.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Ocean Breeze Golf Club 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 8.6%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ocean Breeze Golf Club, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Ocean Breeze Golf Club in May 2024, up by 80.0% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ocean Breeze Golf Club, FL

How long does it take to sell a home in Ocean Breeze Golf Club, FL?

Average Sale Time

May 2023May 2024CHANGE
72 Days50 Days-30.0%

Summary: Homes in Ocean Breeze Golf Club had an average of 50 days on market in May 2024, down by 30% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ocean Breeze Golf Club are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 9 homes were sold in Ocean Breeze Golf Club; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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