Is East Turnpike, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Turnpike is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, East Turnpike was a Neutral Market.

Key Takeaway

East Turnpike is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Turnpike, FL

How much do homes in East Turnpike, FL cost?

Median Sold Price

$620,888

$319/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$94,111(-13.2%)

Key Takeaway

Homes in East Turnpike have sold for 13.2% less than they did a month ago.

Summary: The median home sold price in East Turnpike was $620,888 in December 2024, down 13.2% from last month, and the median price per square foot was $319.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $545K-
N/A
3 $650K-
N/A
4 $815K$620.8K
-23.8%
5+ --
N/A

Summary: East Turnpike housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes did not change.

Housing Supply in East Turnpike, FL

How many homes are available in East Turnpike, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3937-5.1%

Summary: The East Turnpike real estate market had 37 homes for sale in December 2024, a 5.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 88
0.0%
3 1514
-6.7%
4 1311
-15.4%
5+ 11
0.0%

Summary: The East Turnpike housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Turnpike, 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 Turnpike in December 2024, down by 66.7% 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 Turnpike, FL

How long does it take to sell a home in East Turnpike, FL?

Average Sale Time

Nov 2024Dec 2024CHANGE
23 Days20 Days-13.0%

Summary: Homes in East Turnpike had an average of 20 days on market in Dec 2024, down by 13% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in East Turnpike are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in East Turnpike; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in East Turnpike, FL

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