Is Cypress Woods, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cypress Woods is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Cypress Woods has remained a Buyer's Market.

Key Takeaway

Cypress Woods is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cypress Woods, FL

How much do homes in Cypress Woods, FL cost?

Median Sold Price

$344,500

$258/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$50,500(-12.8%)

Key Takeaway

Homes in Cypress Woods have sold for 12.8% less than they did a month ago.

Summary: The median home sold price in Cypress Woods was $344,500 in November 2024, down 12.8% from last month, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $337.1K$409K
+21.3%
3 $425K$280K
-34.1%
4 --
N/A
5+ --
N/A

Summary: Cypress Woods housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes decreased by 34.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Cypress Woods
-12.8%
Quail West
-13.5%
Quail Creek
-34.8%

Housing Supply in Cypress Woods, FL

How many homes are available in Cypress Woods, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
25250.0%

Summary: The Cypress Woods real estate market had 25 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1515
0.0%
3 1010
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Cypress Woods housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cypress Woods, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cypress Woods in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Cypress Woods, FL

How long does it take to sell a home in Cypress Woods, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
62 Days97 Days+57.3%

Summary: Homes in Cypress Woods had an average of 97 days on market in Nov 2024, up by 57.3% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cypress Woods are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Cypress Woods; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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