$6,828 Closing Credit*
$575,000
3,347 SqFt
5 Beds
•4 Full Baths
Christopher Grant, Listing Office: RE/MAX ANCHOR OF MARINA PARK
Is Arcadia West, 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, Arcadia West was a Neutral Market.
Key Takeaway
Arcadia West is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Arcadia West, FL
How much do homes in Arcadia West, FL cost?
Median Sold Price
$282,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,000(-1.1%)
Key Takeaway
Homes in Arcadia West have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Arcadia West was $282,000 in October 2024, down 1.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $446.5K | $178K | -60.1% |
| 2 Bedrooms | $205K | $215K | +4.9% |
| 3 Bedrooms | $315K | $305K | -3.2% |
| 4 Bedrooms | $445K | $397.1K | -10.8% |
| 5+ Bedrooms | $805K | $769K | -4.5% |
Summary: Arcadia West housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60.1%, 2 bedroom homes increased by 4.9%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Arcadia | $235.2K | $275K | +16.9% |
| Arcadia East | $228K | $248K | +8.8% |
| Myakka City | $615.7K | $610.6K | -0.8% |
| Arcadia West | $285K | $282K | -1.1% |
Housing Supply in Arcadia West, FL
How many homes are available in Arcadia West, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 | 85 | 0.0% |
Summary: The Arcadia West real estate market had 85 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 23 | 26 | +13.0% |
| 3 Bedrooms | 44 | 38 | -13.6% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Arcadia West housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 13%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arcadia West, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Arcadia West in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Arcadia West, FL
How long does it take to sell a home in Arcadia West, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 111 Days | +159.8% |
Summary: Homes in Arcadia West had an average of 111 days on market in Oct 2024, up by 159.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Arcadia West are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in Arcadia West; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.