$5,926 Closing Credit*
$499,000
2,677 SqFt
5 Beds
•3 Full Baths
Paul Fonseca, Listing Office: Berkshire Hathaway FL Realty
Is Arborwood, 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, Arborwood was a Neutral Market.
Key Takeaway
Arborwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Arborwood, FL
How much do homes in Arborwood, FL cost?
Median Sold Price
$544,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-0.9%)
Key Takeaway
Homes in Arborwood have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Arborwood was $544,000 in October 2024, down 0.9% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $495K | $469K | -5.3% |
| 3 Bedrooms | $577.5K | $555K | -3.9% |
| 4 Bedrooms | $630K | $800K | +27.0% |
| 5+ Bedrooms | $710K | $750K | +5.6% |
Summary: Arborwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.3%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 27%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Gateway | $436.5K | $435K | -0.4% |
| Arborwood | $549K | $544K | -0.9% |
| Colonial Country Club | $369.5K | $356.7K | -3.5% |
| Pelican Preserve | $509K | $490K | -3.7% |
Housing Supply in Arborwood, FL
How many homes are available in Arborwood, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 114 | 133 | +16.7% |
Summary: The Arborwood real estate market had 133 homes for sale in October 2024, a 16.7% 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 | 30 | 34 | +13.3% |
| 3 Bedrooms | 63 | 72 | +14.3% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The Arborwood 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 13.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
13 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 Arborwood, you may be able to get a good deal. 92.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Arborwood in October 2024, the same as the previous month. Of the 14 sold homes, 93% were sold under asking, 7% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 24 Days | 97 Days | +292.8% |
Summary: Homes in Arborwood had an average of 97 days on market in Oct 2024, up by 292.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Arborwood are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 14 homes were sold in Arborwood; 21% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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