Is Arcadia East, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arcadia East is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Arcadia East was a Buyer's Market.

Key Takeaway

Arcadia East is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Arcadia East, FL

How much do homes in Arcadia East, FL cost?

Median Sold Price

$250,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,550(+10.9%)

Key Takeaway

Homes in Arcadia East have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Arcadia East was $250,000 in November 2024, up 10.9% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $159.5K$130K
-18.5%
2 $152.9K$160K
+4.6%
3 $236K$265K
+12.3%
4 $280K$325K
+16.1%
5+ $210K$400K
+90.5%

Summary: Arcadia East housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.5%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 90.5%.

Median Sold Price Compared To Nearby Cities

Arcadia
+18.5%
Arcadia East
+10.9%
Arcadia West
+1.4%

Housing Supply in Arcadia East, FL

How many homes are available in Arcadia East, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7261-15.3%

Summary: The Arcadia East real estate market had 61 homes for sale in November 2024, a 15.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1111
0.0%
3 4236
-14.3%
4 107
-30.0%
5+ 86
-25.0%

Summary: The Arcadia East 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 decreased by 14.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arcadia East, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Arcadia East in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Arcadia East, FL

How long does it take to sell a home in Arcadia East, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days45 Days+106.4%

Summary: Homes in Arcadia East had an average of 45 days on market in Nov 2024, up by 106.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Arcadia East are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Arcadia East; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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