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 November 2023

At the same time last year, East Turnpike was a Seller's 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

$580,000

$348/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$86,500(+17.5%)

Key Takeaway

Homes in East Turnpike have sold for 17.5% more than they did a year ago.

Summary: The median home sold price in East Turnpike was $580,000 in November 2024, up 17.5% from last year, and the median price per square foot was $348.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $295.5K$305K
+3.2%
2 $385K$470K
+22.1%
3 $499.2K$580K
+16.2%
4 $670K$752.5K
+12.3%
5+ $699.9K$705K
+0.7%

Summary: East Turnpike housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 0.7%.

Housing Supply in East Turnpike, FL

How many homes are available in East Turnpike, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
37370.0%

Summary: The East Turnpike real estate market had 37 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 97
-22.2%
3 1515
0.0%
4 912
+33.3%
5+ 21
-50.0%

Summary: The East Turnpike housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in East Turnpike in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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 2023Nov 2024CHANGE
26 Days23 Days-11.0%

Summary: Homes in East Turnpike had an average of 23 days on market in Nov 2024, down by 11% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were 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 November 2024, 4 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 3 Days Ago

Newest Listings in East Turnpike, FL

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