$10,000 Closing Credit*
$865,000
2,545 SqFt
Esther Frances, Listing Office: Realty Hub
Is Cutler Ridge, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cutler Ridge has remained a Seller's Market.
Key Takeaway
Cutler Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cutler Ridge, FL
How much do homes in Cutler Ridge, FL cost?
Median Sold Price
$600,000
$360/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$59,000(+10.9%)
Key Takeaway
Homes in Cutler Ridge have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Cutler Ridge was $600,000 in October 2024, up 10.9% from last year, and the median price per square foot was $360.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $175K | -2.8% |
| 2 Bedrooms | $272.5K | $339K | +24.4% |
| 3 Bedrooms | $525K | $589K | +12.2% |
| 4 Bedrooms | $575.4K | $624.5K | +8.5% |
| 5+ Bedrooms | $560K | $655K | +17.0% |
Summary: Cutler Ridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 24.4%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 17%.
Housing Supply in Cutler Ridge, FL
How many homes are available in Cutler Ridge, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 96 | +18.5% |
Summary: The Cutler Ridge real estate market had 96 homes for sale in October 2024, a 18.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 40 | 48 | +20.0% |
| 4 Bedrooms | 27 | 33 | +22.2% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Cutler Ridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 18 | +125.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cutler Ridge, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Cutler Ridge in October 2024, up by 125.0% month-over-month. Of the 18 sold homes, 67% were sold under asking, 28% were sold at asking, and 6% were sold over asking.
Days on Market for Cutler Ridge, FL
How long does it take to sell a home in Cutler Ridge, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 42 Days | +96.8% |
Summary: Homes in Cutler Ridge had an average of 42 days on market in Oct 2024, up by 96.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cutler Ridge has remained consistent over time.
Summary: During October 2024, 18 homes were sold in Cutler Ridge; 22% of homes were sold within 30 days, 78% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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