$3,859 Closing Credit*
$325,000
1,252 SqFt
3 Beds
•2 Full Baths
Stephen Hachey, Listing Office: Flat Fee MLS Realty
Is Cypress Woods, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, 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
$420,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$21,500(+5.4%)
Key Takeaway
Homes in Cypress Woods have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Cypress Woods was $420,000 in August 2024, up 5.4% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $388K | $349K | -10.1% |
| 3 Bedrooms | $515K | $448.7K | -12.9% |
| 4 Bedrooms | $695K | $734.9K | +5.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Cypress Woods housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.1%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 5.7%, 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
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Summary: The Cypress Woods real estate market had 26 homes for sale in August 2024, a 23.8% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cypress Woods housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.8%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 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 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 August 2024, up by 200.0% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 200 Days | 121 Days | -39.3% |
Summary: Homes in Cypress Woods had an average of 121 days on market in Aug 2024, down by 39.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Cypress Woods are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During August 2024, 3 homes were sold in Cypress Woods; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
