$7,718 Closing Credit*
$649,900
1,459 SqFt
2 Beds
•2 Full Baths
Nancie Kalin, Listing Office: MICHAEL SAUNDERS & COMPANY
Is Central Cocoanut, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Central Cocoanut was a Buyer's Market.
Key Takeaway
Central Cocoanut is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Central Cocoanut, FL
How much do homes in Central Cocoanut, FL cost?
Median Sold Price
$397,500
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$57,500(-12.6%)
Key Takeaway
Homes in Central Cocoanut have sold for 12.6% less than they did a year ago.
Summary: The median home sold price in Central Cocoanut was $397,500 in December 2024, down 12.6% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $412K | $395K | -4.1% |
| 2 Bedrooms | $540K | $425K | -21.3% |
| 3 Bedrooms | $392.2K | $390K | -0.6% |
| 4 Bedrooms | $1.2M | $347.5K | -71.0% |
| 5+ Bedrooms | $865K | $775K | -10.4% |
Summary: Central Cocoanut housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes decreased by 21.3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 71%, and 5+ bedroom homes decreased by 10.4%.
Housing Supply in Central Cocoanut, FL
How many homes are available in Central Cocoanut, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 25 | +19.0% |
Summary: The Central Cocoanut real estate market had 25 homes for sale in December 2024, a 19.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Central Cocoanut housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
4 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 4 homes were sold or pending in Central Cocoanut in December 2024, up by 100.0% month-over-month. Of the 4 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 19 Days | 171 Days | +802.6% |
Summary: Homes in Central Cocoanut had an average of 171 days on market in Dec 2024, up by 802.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Cocoanut are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 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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