$3,741 Closing Credit*
$315,000
1,208 SqFt
3 Beds
•1 Full Bath
Zachary Kaplan, Listing Office: RE/MAX PLATINUM REALTY
Is Central Cocoanut, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Central Cocoanut has remained a Buyer's Market.
Key Takeaway
Central Cocoanut is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Cocoanut, FL
How much do homes in Central Cocoanut, FL cost?
Median Sold Price
$408,250
$389/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$43,250(+11.8%)
Key Takeaway
Homes in Central Cocoanut have sold for 11.8% more than they did a month ago.
Summary: The median home sold price in Central Cocoanut was $408,250 in September 2024, up 11.8% from last month, and the median price per square foot was $389.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $465K | $408.2K | -12.2% |
| 3 Bedrooms | $265K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Central Cocoanut housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Central Cocoanut, FL
How many homes are available in Central Cocoanut, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The Central Cocoanut real estate market had 17 homes for sale in September 2024, a 10.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Central Cocoanut housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Cocoanut, 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 Central Cocoanut in September 2024, the same as the previous 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 Central Cocoanut, FL
How long does it take to sell a home in Central Cocoanut, FL?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 115 Days | 88 Days | -23.0% |
Summary: Homes in Central Cocoanut had an average of 88 days on market in Sep 2024, down by 23% 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
Key Takeaway
Many homes in Central Cocoanut are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Central Cocoanut; 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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