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

Since last month, Cascades of Groveland has remained a Buyer'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

$379,900

$224/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$45,100(-10.6%)

Key Takeaway

Homes in Cascades of Groveland have sold for 10.6% less than they did a month ago.

Summary: The median home sold price in Cascades of Groveland was $379,900 in November 2024, down 10.6% from last month, and the median price per square foot was $224.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $425K$379.9K
-10.6%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Cascades of Groveland housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.6%, 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

Oct 2024Nov 2024CHANGE
2321-8.7%

Summary: The Cascades of Groveland real estate market had 21 homes for sale in November 2024, a 8.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1513
-13.3%
3 88
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Cascades of Groveland 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 decreased by 13.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Cascades of Groveland in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% 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

Oct 2024Nov 2024CHANGE
96 Days72 Days-25.4%

Summary: Homes in Cascades of Groveland had an average of 72 days on market in Nov 2024, down by 25.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cascades of Groveland has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Cascades of Groveland; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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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