$6,591 Closing Credit*
$555,000
1,170 SqFt
2 Beds
•2 Full Baths
Daniel Pombo, Listing Office: Nex-Gen Florida Realty, Inc.
Is Garden Isles, 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, Garden Isles has remained a Buyer's Market.
Key Takeaway
Garden Isles is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Garden Isles, FL
How much do homes in Garden Isles, FL cost?
Median Sold Price
$435,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$68,000(+18.5%)
Key Takeaway
Homes in Garden Isles have sold for 18.5% more than they did a year ago.
Summary: The median home sold price in Garden Isles was $435,000 in October 2024, up 18.5% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $175K | -10.3% |
| 2 Bedrooms | $225K | $227.5K | +1.1% |
| 3 Bedrooms | $1.0M | $930K | -13.5% |
| 4 Bedrooms | $1.8M | $1.1M | -40.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Garden Isles housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes decreased by 40.2%, and 5+ bedroom homes did not change.
Housing Supply in Garden Isles, FL
How many homes are available in Garden Isles, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Summary: The Garden Isles real estate market had 24 homes for sale in October 2024, a 9.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Garden Isles housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Garden Isles, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Garden Isles in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Garden Isles, FL
How long does it take to sell a home in Garden Isles, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 177 Days | 22 Days | -87.6% |
Summary: Homes in Garden Isles had an average of 22 days on market in Oct 2024, down by 87.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Garden Isles are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Garden Isles; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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