Is Casselberry-Altamonte Springs, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Casselberry-Altamonte Springs is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Casselberry-Altamonte Springs was a Seller's Market.

Key Takeaway

Casselberry-Altamonte Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Casselberry-Altamonte Springs, FL

How much do homes in Casselberry-Altamonte Springs, FL cost?

Median Sold Price

$379,900

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,765(+5.5%)

Key Takeaway

Homes in Casselberry-Altamonte Springs have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Casselberry-Altamonte Springs was $379,900 in November 2024, up 5.5% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K$140K
-6.7%
2 $222.5K$230K
+3.4%
3 $359.1K$376.4K
+4.8%
4 $460.1K$487.8K
+6.0%
5+ $675K$740K
+9.6%

Summary: Casselberry-Altamonte Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 9.6%.

Median Sold Price Compared To Nearby Cities

Casselberry
+6.0%
Longwood
+5.7%
Casselberry-Altamonte Springs
+5.5%
Altamonte Springs
+3.5%
Maitland
0.0%

Housing Supply in Casselberry-Altamonte Springs, FL

How many homes are available in Casselberry-Altamonte Springs, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,1181,124+0.5%

Summary: The Casselberry-Altamonte Springs real estate market had 1,124 homes for sale in November 2024, a 0.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 6669
+4.5%
2 238252
+5.9%
3 467455
-2.6%
4 289291
+0.7%
5+ 5857
-1.7%

Summary: The Casselberry-Altamonte Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 1.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
210149-29.0%

Asking Price vs. Sold Price

96 Homes Were Sold
Under Asking

34 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Casselberry-Altamonte Springs, you may be able to get a good deal. 64.4% of homes here sold below asking price last month.

Summary: A total of 149 homes were sold or pending in Casselberry-Altamonte Springs in November 2024, down by 29.0% month-over-month. Of the 149 sold homes, 64% were sold under asking, 23% were sold at asking, and 13% were sold over asking.

Days on Market for Casselberry-Altamonte Springs, FL

How long does it take to sell a home in Casselberry-Altamonte Springs, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days54 Days+115.3%

Summary: Homes in Casselberry-Altamonte Springs had an average of 54 days on market in Nov 2024, up by 115.3% compared to last year.

Breakdown of Home Sale Times

72 Homes Were Sold
Under 30 Days

51 Homes Were Sold
In 30 - 90 Days

26 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Casselberry-Altamonte Springs are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 149 homes were sold in Casselberry-Altamonte Springs; 48% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 17% 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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