$4,453 Closing Credit*
$375,000
1,515 SqFt
3 Beds
•2 Full Baths
Jo Ann Mazzeo, Listing Office: The Keyes Company
Is East Ocean Ave., FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, East Ocean Ave. has remained a Buyer's Market.
Key Takeaway
East Ocean Ave. is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Ocean Ave., FL
How much do homes in East Ocean Ave., FL cost?
Median Sold Price
$397,000
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,000(+8.8%)
Key Takeaway
Homes in East Ocean Ave. have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in East Ocean Ave. was $397,000 in November 2024, up 8.8% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267.5K | $299.9K | +12.1% |
| 2 Bedrooms | $367.9K | $410K | +11.4% |
| 3 Bedrooms | $390K | $500K | +28.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: East Ocean Ave. housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 28.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in East Ocean Ave., FL
How many homes are available in East Ocean Ave., FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 38 | +22.6% |
Summary: The East Ocean Ave. real estate market had 38 homes for sale in November 2024, a 22.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The East Ocean Ave. housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 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 East Ocean Ave., you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in East Ocean Ave. in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Ocean Ave., FL
How long does it take to sell a home in East Ocean Ave., FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 3 Days | 67 Days | +2133.3% |
Summary: Homes in East Ocean Ave. had an average of 67 days on market in Nov 2024, up by 2133.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Ocean Ave. are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in East Ocean Ave.; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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