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 October 2023

At the same time last year, Cypress Woods was a Seller'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

$420,000

$270/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$19,100(+4.8%)

Key Takeaway

Homes in Cypress Woods have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Cypress Woods was $420,000 in October 2024, up 4.8% from last year, and the median price per square foot was $270.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $380K$342K
-10.0%
3 $465K$447.5K
-3.8%
4 $682.5K$799.9K
+17.2%
5+ --
N/A

Summary: Cypress Woods housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes did not change.

Housing Supply in Cypress Woods, FL

How many homes are available in Cypress Woods, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2928-3.4%

Summary: The Cypress Woods real estate market had 28 homes for sale in October 2024, a 3.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1818
0.0%
3 1110
-9.1%
4 00
0.0%
5+ 00
0.0%

Summary: The Cypress Woods 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 decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Cypress Woods in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% 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 2023Oct 2024CHANGE
55 Days62 Days+12.5%

Summary: Homes in Cypress Woods had an average of 62 days on market in Oct 2024, up by 12.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was 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 October 2024, 3 homes were sold in Cypress Woods; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

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