Is Arborwood, 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, Arborwood was a Seller's Market.
Housing Prices in Arborwood, FL
How much do homes in Arborwood, FL cost?
Median Sold Price
$565,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Arborwood was $565,000 in May 2024, up 1.8% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $510K | $479.4K | -6.0% |
3 Bedrooms | $579.9K | $581K | 0.2% |
4 Bedrooms | $615K | $732.5K | +19.1% |
5+ Bedrooms | $674.9K | $725K | +7.4% |
Summary: Arborwood 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 decreased by 6%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 7.4%.
Median Sold Price Compared To Nearby Neighborhoods
Arborwood | $555K | $565K | +1.8% |
Gateway | $435.3K | $424.5K | -2.5% |
Pelican Preserve | $500K | $485K | -3.0% |
Colonial Country Club | $372.5K | $348.5K | -6.4% |
Housing Supply in Arborwood, FL
How many homes are available in Arborwood, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
162 | 167 | +3.1% |
Summary: The Arborwood real estate market had 167 homes for sale in May 2024, a 3.1% 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 | 47 | 50 | +6.4% |
3 Bedrooms | 82 | 82 | 0.0% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Arborwood 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 6.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Arborwood in May 2024, up by 25.0% month-over-month. Of the 20 sold homes, 85% were sold under asking, 10% were sold at asking, and 5% were sold over asking.
Days on Market for Arborwood, FL
How long does it take to sell a home in Arborwood, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 60 Days | +81.4% |
Summary: Homes in Arborwood had an average of 60 days on market in May 2024, up by 81.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 20 homes were sold in Arborwood; 40% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.