Is Emerald Hills, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Emerald Hills is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Emerald Hills has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Emerald Hills, FL

How much do homes in Emerald Hills, FL cost?

Median Sold Price

$472,500

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$27,500(-5.5%)

Key Takeaway

Homes in Emerald Hills have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in Emerald Hills was $472,500 in November 2024, down 5.5% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$190K
-11.6%
2 $335K$340K
+1.5%
3 $505K$550K
+8.9%
4 $1.1M$947K
-15.1%
5+ $1.3M$1.8M
+39.3%

Summary: Emerald Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.6%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes increased by 39.3%.

Housing Supply in Emerald Hills, FL

How many homes are available in Emerald Hills, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5058+16.0%

Summary: The Emerald Hills real estate market had 58 homes for sale in November 2024, a 16.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 1418
+28.6%
3 2022
+10.0%
4 1011
+10.0%
5+ 23
+50.0%

Summary: The Emerald Hills 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 increased by 28.6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

6 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 Emerald Hills, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Emerald Hills in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Emerald Hills, FL

How long does it take to sell a home in Emerald Hills, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days136 Days+171.0%

Summary: Homes in Emerald Hills had an average of 136 days on market in Nov 2024, up by 171% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Emerald Hills are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 6 homes were sold in Emerald Hills; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 21 Days Ago

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