$3,599,999
2,959 SqFt
3 Beds
•4 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 Last Month
Since last month, Admiral's Cove has remained a Buyer's Market.
Key Takeaway
Admiral's Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Admiral's Cove, FL
How much do homes in Admiral's Cove, FL cost?
Median Sold Price
$8,250,000
$1,098/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$1,062,500(-11.4%)
Key Takeaway
Homes in Admiral's Cove have sold for 11.4% less than they did a month ago.
Summary: The median home sold price in Admiral's Cove was $8,250,000 in October 2024, down 11.4% from last month, and the median price per square foot was $1,098.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $1.9M | N/A |
| 4 Bedrooms | $5.0M | - | N/A |
| 5+ Bedrooms | $13.6M | $8.2M | -39.4% |
Summary: Admiral's Cove housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 39.4%.
Housing Supply in Admiral's Cove, FL
How many homes are available in Admiral's Cove, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 27 | +12.5% |
Summary: The Admiral's Cove real estate market had 27 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Admiral's Cove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were 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. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Admiral's Cove in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 32 Days | +12.6% |
Summary: Homes in Admiral's Cove had an average of 32 days on market in Oct 2024, up by 12.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Admiral's Cove has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Admiral's Cove; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.