$5,718 Closing Credit*
$481,490
2,372 SqFt
4 Beds
•3 Full Baths
Paul King, Listing Office: DR HORTON REALTY OF CENTRAL FLORIDA LLC
Is Greater Groves, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Greater Groves has remained a Buyer's Market.
Key Takeaway
Greater Groves is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greater Groves, FL
How much do homes in Greater Groves, FL cost?
Median Sold Price
$452,990
$247/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$5,295(+1.2%)
Key Takeaway
Homes in Greater Groves have sold for 1.2% more than they did a month ago.
Summary: The median home sold price in Greater Groves was $452,990 in October 2024, up 1.2% from last month, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $400K | - | N/A |
| 4 Bedrooms | $447.6K | $452.9K | +1.2% |
| 5+ Bedrooms | $504.9K | - | N/A |
Summary: Greater Groves 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 did not change, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.
Housing Supply in Greater Groves, FL
How many homes are available in Greater Groves, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 34 | -10.5% |
Summary: The Greater Groves real estate market had 34 homes for sale in October 2024, a 10.5% decrease 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 | 20 | 19 | -5.0% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Greater Groves 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 decreased by 5%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Greater Groves, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Greater Groves in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Greater Groves, FL
How long does it take to sell a home in Greater Groves, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 96 Days | 51 Days | -46.9% |
Summary: Homes in Greater Groves had an average of 51 days on market in Oct 2024, down by 46.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Greater Groves has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Greater Groves; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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