$4,144 Closing Credit*
$349,000
1,238 SqFt
2 Beds
•2 Full Baths
Landon Eisner, Listing Office: Majestic Realty, LLC
Is Emerald Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$460,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$40,000(-8.0%)
Key Takeaway
Homes in Emerald Hills have sold for 8% less than they did a year ago.
Summary: The median home sold price in Emerald Hills was $460,000 in October 2024, down 8% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $190K | -11.6% |
| 2 Bedrooms | $335K | $345K | +3.0% |
| 3 Bedrooms | $500K | $530K | +6.0% |
| 4 Bedrooms | $1.2M | $947K | -21.1% |
| 5+ Bedrooms | $1.3M | $1.8M | +39.3% |
Summary: Emerald Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.6%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 21.1%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 54 | -6.9% |
Summary: The Emerald Hills real estate market had 54 homes for sale in October 2024, a 6.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 22 | 21 | -4.5% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Emerald Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
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 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 2 homes were sold or pending in Emerald Hills in October 2024, down by 75.0% 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 Emerald Hills, FL
How long does it take to sell a home in Emerald Hills, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 118 Days | 26 Days | -78.0% |
Summary: Homes in Emerald Hills had an average of 26 days on market in Oct 2024, down by 78% compared to last year.
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
Key Takeaway
Many homes in Emerald Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Emerald Hills; 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.
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