$2,750,000
2,736 SqFt
4 Beds
•3 Full Baths
Teresa Bond, Listing Office: United Realty Group Inc
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 November 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
$683,500
$452/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$129,166(+23.3%)
Key Takeaway
Homes in East Deerfield Beach / East Pompano Beach have sold for 23.3% more than they did a year ago.
Summary: The median home sold price in East Deerfield Beach / East Pompano Beach was $683,500 in November 2024, up 23.3% from last year, and the median price per square foot was $452.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $277K | $260K | -6.1% |
| 2 Bedrooms | $450K | $475K | +5.6% |
| 3 Bedrooms | $940.7K | $912.5K | -3.0% |
| 4 Bedrooms | $1.1M | $1.5M | +38.4% |
| 5+ Bedrooms | $3.5M | $3.9M | +11.9% |
Summary: East Deerfield Beach / East Pompano Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 38.4%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Neighborhoods
| East Deerfield Beach / East Pompano Beach | $554.3K | $683.5K | +23.3% |
| Beach | $419K | $487.5K | +16.3% |
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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 321 | 379 | +18.1% |
Summary: The East Deerfield Beach / East Pompano Beach real estate market had 379 homes for sale in November 2024, a 18.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 40 | 54 | +35.0% |
| 2 Bedrooms | 106 | 133 | +25.5% |
| 3 Bedrooms | 104 | 116 | +11.5% |
| 4 Bedrooms | 35 | 40 | +14.3% |
| 5+ Bedrooms | 36 | 36 | 0.0% |
Summary: The East Deerfield Beach / East Pompano Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35%, 2 bedroom homes increased by 25.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Asking Price vs. Sold Price
17 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 East Deerfield Beach / East Pompano Beach, you may be able to get a good deal. 94.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in East Deerfield Beach / East Pompano Beach in November 2024, down by 30.8% month-over-month. Of the 18 sold homes, 94% were sold under asking, 6% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 73 Days | +38.3% |
Summary: Homes in East Deerfield Beach / East Pompano Beach had an average of 73 days on market in Nov 2024, up by 38.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 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 November 2024, 18 homes were sold in East Deerfield Beach / East Pompano Beach; 39% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.
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