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 seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Casselberry-Altamonte Springs has remained a Seller's Market.

Key Takeaway

Casselberry-Altamonte Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Casselberry-Altamonte Springs, FL

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

Median Sold Price

$379,814

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,823(+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 $379,814 in October 2024, up 5.5% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $149.9K$140K
-6.6%
2 $221.8K$230K
+3.7%
3 $358.5K$375K
+4.6%
4 $458.6K$489.3K
+6.7%
5+ $659.5K$725K
+9.9%

Summary: Casselberry-Altamonte Springs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.6%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 9.9%.

Median Sold Price Compared To Nearby Cities

Longwood
+7.1%
Altamonte Springs
+5.8%
Casselberry-Altamonte Springs
+5.5%
Casselberry
+5.3%
Maitland
+0.7%

Housing Supply in Casselberry-Altamonte Springs, FL

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,1171,116-0.1%

Summary: The Casselberry-Altamonte Springs real estate market had 1,116 homes for sale in October 2024, a 0.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 7571
-5.3%
2 220239
+8.6%
3 467462
-1.1%
4 300286
-4.7%
5+ 5558
+5.5%

Summary: The Casselberry-Altamonte Springs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.3%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 5.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
198195-1.5%

Asking Price vs. Sold Price

110 Homes Were Sold
Under Asking

57 Homes Were Sold
At Asking

28 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. 56.4% of homes here sold below asking price last month.

Summary: A total of 195 homes were sold or pending in Casselberry-Altamonte Springs in October 2024, down by 1.5% month-over-month. Of the 195 sold homes, 56% were sold under asking, 29% were sold at asking, and 14% 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

Oct 2023Oct 2024CHANGE
22 Days40 Days+75.1%

Summary: Homes in Casselberry-Altamonte Springs had an average of 40 days on market in Oct 2024, up by 75.1% compared to last year.

Breakdown of Home Sale Times

109 Homes Were Sold
Under 30 Days

64 Homes Were Sold
In 30 - 90 Days

22 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 October 2024, 195 homes were sold in Casselberry-Altamonte Springs; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% 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 16 Days Ago

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