Is Golden Grove Estates, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Golden Grove Estates is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Golden Grove Estates has remained a Seller's Market.

Key Takeaway

Golden Grove Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Golden Grove Estates, FL

How much do homes in Golden Grove Estates, FL cost?

Median Sold Price

$349,950

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,950(+3.8%)

Key Takeaway

Homes in Golden Grove Estates have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Golden Grove Estates was $349,950 in November 2024, up 3.8% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $118K$152.5K
+29.2%
2 $280K$300K
+7.1%
3 $380K$390K
+2.6%
4 $415K$399.9K
-3.6%
5+ --
N/A

Summary: Golden Grove Estates housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.2%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Golden Grove Estates
+3.8%
Orange Lake Village
+1.4%

Housing Supply in Golden Grove Estates, FL

How many homes are available in Golden Grove Estates, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3640+11.1%

Summary: The Golden Grove Estates real estate market had 40 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 1922
+15.8%
3 1010
0.0%
4 55
0.0%
5+ 00
0.0%

Summary: The Golden Grove Estates housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 15.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Golden Grove Estates, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Golden Grove Estates in November 2024, up by 200.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for Golden Grove Estates, FL

How long does it take to sell a home in Golden Grove Estates, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days62 Days+309.2%

Summary: Homes in Golden Grove Estates had an average of 62 days on market in Nov 2024, up by 309.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Golden Grove Estates are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in Golden Grove Estates; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 Golden Grove Estates, FL

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