$10,000 Closing Credit*
$945,000
1,710 SqFt
3 Beds
•3 Full Baths
Martine Marcel, Listing Office: The Keyes Company
Is East Deerfield Beach / East Pompano Beach, 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, East Deerfield Beach / East Pompano Beach was a Seller's Market.
Key Takeaway
East Deerfield Beach / East Pompano Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Deerfield Beach / East Pompano Beach, FL
How much do homes in East Deerfield Beach / East Pompano Beach, FL cost?
Median Sold Price
$666,666
$448/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$117,916(+21.5%)
Key Takeaway
Homes in East Deerfield Beach / East Pompano Beach have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in East Deerfield Beach / East Pompano Beach was $666,666 in October 2024, up 21.5% from last year, and the median price per square foot was $448.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $276K | $275K | -0.4% |
| 2 Bedrooms | $450K | $470K | +4.4% |
| 3 Bedrooms | $940.7K | $906.2K | -3.7% |
| 4 Bedrooms | $1.1M | $1.4M | +31.1% |
| 5+ Bedrooms | $3.5M | $3.9M | +10.9% |
Summary: East Deerfield Beach / East Pompano Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 4.4%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes increased by 10.9%.
Median Sold Price Compared To Nearby Neighborhoods
| East Deerfield Beach / East Pompano Beach | $548.7K | $666.6K | +21.5% |
| Beach | $395K | $470K | +19.0% |
Housing Supply in East Deerfield Beach / East Pompano Beach, FL
How many homes are available in East Deerfield Beach / East Pompano Beach, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 312 | 350 | +12.2% |
Summary: The East Deerfield Beach / East Pompano Beach real estate market had 350 homes for sale in October 2024, a 12.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 46 | +17.9% |
| 2 Bedrooms | 108 | 119 | +10.2% |
| 3 Bedrooms | 101 | 111 | +9.9% |
| 4 Bedrooms | 33 | 37 | +12.1% |
| 5+ Bedrooms | 31 | 37 | +19.4% |
Summary: The East Deerfield Beach / East Pompano Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.9%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 19.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 22 | -21.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Deerfield Beach / East Pompano Beach, you may be able to get a good deal. 86.4% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in East Deerfield Beach / East Pompano Beach in October 2024, down by 21.4% month-over-month. Of the 22 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for East Deerfield Beach / East Pompano Beach, FL
How long does it take to sell a home in East Deerfield Beach / East Pompano Beach, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 59 Days | -22.2% |
Summary: Homes in East Deerfield Beach / East Pompano Beach had an average of 59 days on market in Oct 2024, down by 22.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Deerfield Beach / East Pompano Beach are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 22 homes were sold in East Deerfield Beach / East Pompano Beach; 41% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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