$3,443 Closing Credit*
$289,900
1,171 SqFt
2 Beds
•2 Full Baths
WENDI ALLEN, Listing Office: RED DOOR REALTY GROUP, INC
Is Deerwood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Deerwood was a Seller's Market.
Key Takeaway
Deerwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Deerwood, FL
How much do homes in Deerwood, FL cost?
Median Sold Price
$292,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,900(-2.6%)
Key Takeaway
Homes in Deerwood have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Deerwood was $292,000 in October 2024, down 2.6% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $191K | $170K | -11.0% |
| 2 Bedrooms | $250K | $244K | -2.4% |
| 3 Bedrooms | $291.7K | $313K | +7.3% |
| 4 Bedrooms | $691.5K | $705K | +2.0% |
| 5+ Bedrooms | $860K | $844.9K | -1.8% |
Summary: Deerwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 1.8%.
Housing Supply in Deerwood, FL
How many homes are available in Deerwood, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 | 110 | +14.6% |
Summary: The Deerwood real estate market had 110 homes for sale in October 2024, a 14.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 44 | 51 | +15.9% |
| 3 Bedrooms | 38 | 44 | +15.8% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Deerwood 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 increased by 15.9%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deerwood, you may be able to get a good deal. 91.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Deerwood in October 2024, the same as the previous month. Of the 12 sold homes, 92% were sold under asking, 8% were sold at asking, and 0% were sold over asking.
Days on Market for Deerwood, FL
How long does it take to sell a home in Deerwood, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 127 Days | +172.5% |
Summary: Homes in Deerwood had an average of 127 days on market in Oct 2024, up by 172.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Deerwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Deerwood; 42% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
