$279,000
10.00 Acres
Land
Melanie Walsh, Emilia C Muniz, Listing Office: Dale Sorensen Real Estate Inc.
Is Fellsmere, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fellsmere was a Buyer's Market.
Key Takeaway
Fellsmere is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fellsmere, FL
How much do homes in Fellsmere, FL cost?
Median Sold Price
$600,000
$293/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$150,000(-20.0%)
Key Takeaway
Homes in Fellsmere have sold for 20% less than they did a month ago.
Summary: The median home sold price in Fellsmere was $600,000 in October 2024, down 20% from last month, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $750K | N/A |
| 3 Bedrooms | $750K | $414.9K | -44.7% |
| 4 Bedrooms | - | $600K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Fellsmere housing prices by bedroom type for October 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 decreased by 44.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Fellsmere, FL
How many homes are available in Fellsmere, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Fellsmere real estate market had 14 homes for sale in October 2024, a 7.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Fellsmere housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fellsmere, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Fellsmere in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Fellsmere, FL
How long does it take to sell a home in Fellsmere, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 80 Days | +91.0% |
Summary: Homes in Fellsmere had an average of 80 days on market in Oct 2024, up by 91% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fellsmere are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Fellsmere; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.