$10,500,000
5,986 SqFt
5 Beds
•6 Full Baths, 1 Partial
Robert B. Thomson, Listing Office: Waterfront Properties & Club C
Is Admiral's Cove, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Admiral's Cove has remained a Seller's Market.
Key Takeaway
Admiral's Cove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Admiral's Cove, FL
How much do homes in Admiral's Cove, FL cost?
Median Sold Price
$4,750,000
$1,342/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$462,662(+10.8%)
Key Takeaway
Homes in Admiral's Cove have sold for 10.8% more than they did a year ago.
Summary: The median home sold price in Admiral's Cove was $4,750,000 in November 2024, up 10.8% from last year, and the median price per square foot was $1,342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $1.7M | $2.3M | +30.0% |
| 3 Bedrooms | $2.9M | $3.4M | +15.3% |
| 4 Bedrooms | $5.9M | $12.9M | +118.4% |
| 5+ Bedrooms | $9.8M | $11.6M | +18.0% |
Summary: Admiral's Cove housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 118.4%, and 5+ bedroom homes increased by 18%.
Median Sold Price Compared To Nearby Neighborhoods
| Jonathan's Landing | $864.5K | $995K | +15.1% |
| Admiral's Cove | $4.2M | $4.7M | +10.8% |
Housing Supply in Admiral's Cove, FL
How many homes are available in Admiral's Cove, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Summary: The Admiral's Cove real estate market had 29 homes for sale in November 2024, a 3.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Admiral's Cove housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
6 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 Admiral's Cove, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Admiral's Cove in November 2024, up by 133.3% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Admiral's Cove, FL
How long does it take to sell a home in Admiral's Cove, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 34 Days | +6.4% |
Summary: Homes in Admiral's Cove had an average of 34 days on market in Nov 2024, up by 6.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Admiral's Cove are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Admiral's Cove; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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