Is Cascades of Groveland, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cascades of Groveland is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Cascades of Groveland was a Seller's Market.

Key Takeaway

Cascades of Groveland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cascades of Groveland, FL

How much do homes in Cascades of Groveland, FL cost?

Median Sold Price

$425,000

$216/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$10,000(-2.3%)

Key Takeaway

Homes in Cascades of Groveland have sold for 2.3% less than they did a month ago.

Summary: The median home sold price in Cascades of Groveland was $425,000 in October 2024, down 2.3% from last month, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $405K$425K
+4.9%
3 $505K-
N/A
4 --
N/A
5+ --
N/A

Summary: Cascades of Groveland 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 increased by 4.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cascades of Groveland, FL

How many homes are available in Cascades of Groveland, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2220-9.1%

Summary: The Cascades of Groveland real estate market had 20 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1312
-7.7%
3 98
-11.1%
4 00
0.0%
5+ 00
0.0%

Summary: The Cascades of Groveland 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 decreased by 7.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cascades of Groveland, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cascades of Groveland in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cascades of Groveland, FL

How long does it take to sell a home in Cascades of Groveland, FL?

Average Sale Time

Sep 2024Oct 2024CHANGE
91 Days96 Days+5.2%

Summary: Homes in Cascades of Groveland had an average of 96 days on market in Oct 2024, up by 5.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cascades of Groveland are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Cascades of Groveland; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

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