$3,693 Closing Credit*
$311,000
596 SqFt
1 Bed
•1 Full Bath
Derek Eisenberg, Listing Office: Continental Real Estate Group
Is Abacoa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Abacoa was a Seller's Market.
Key Takeaway
Abacoa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Abacoa, FL
How much do homes in Abacoa, FL cost?
Median Sold Price
$689,750
$383/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,250(+4.1%)
Key Takeaway
Homes in Abacoa have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Abacoa was $689,750 in October 2024, up 4.1% from last year, and the median price per square foot was $383.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $283K | $283.5K | 0.2% |
| 2 Bedrooms | $400K | $395.5K | -1.1% |
| 3 Bedrooms | $610K | $650K | +6.6% |
| 4 Bedrooms | $1.2M | $1.2M | -3.4% |
| 5+ Bedrooms | $1.7M | $1.5M | -10.6% |
Summary: Abacoa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Neighborhoods
| The Hamptons | $745K | $787.5K | +5.7% |
| Abacoa | $662.5K | $689.7K | +4.1% |
Housing Supply in Abacoa, FL
How many homes are available in Abacoa, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 99 | 108 | +9.1% |
Summary: The Abacoa real estate market had 108 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 46 | 50 | +8.7% |
| 4 Bedrooms | 22 | 22 | 0.0% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Abacoa housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 8.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Abacoa, you may be able to get a good deal. 93.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Abacoa in October 2024, down by 11.8% month-over-month. Of the 15 sold homes, 93% were sold under asking, 7% were sold at asking, and 0% were sold over asking.
Days on Market for Abacoa, FL
How long does it take to sell a home in Abacoa, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 69 Days | +31.4% |
Summary: Homes in Abacoa had an average of 69 days on market in Oct 2024, up by 31.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Abacoa are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Abacoa; 40% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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