Is Groveland-Mascotte, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Groveland-Mascotte is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Groveland-Mascotte was a Neutral Market.

Key Takeaway

Groveland-Mascotte is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Groveland-Mascotte, FL

How much do homes in Groveland-Mascotte, FL cost?

Median Sold Price

$379,990

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10(0%)

Key Takeaway

The sold price of homes in Groveland-Mascotte has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $441.5K$177.5K
-59.8%
2 $329.9K$350K
+6.1%
3 $342.2K$355K
+3.7%
4 $399.9K$404.9K
+1.2%
5+ $482.1K$486.3K
+0.9%

Summary: Groveland-Mascotte housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.8%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 0.9%.

Median Sold Price Compared To Nearby Cities

Mascotte
+14.0%
Minneola
+4.2%
Groveland
+0.8%
Clermont
0.3%
Groveland-Mascotte
0%

Housing Supply in Groveland-Mascotte, FL

How many homes are available in Groveland-Mascotte, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
345348+0.9%

Summary: The Groveland-Mascotte real estate market had 348 homes for sale in November 2024, a 0.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 4740
-14.9%
3 148158
+6.8%
4 121117
-3.3%
5+ 2932
+10.3%

Summary: The Groveland-Mascotte housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 10.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4338-11.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Groveland-Mascotte, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Groveland-Mascotte in November 2024, down by 11.6% month-over-month. Of the 38 sold homes, 42% were sold under asking, 37% were sold at asking, and 21% were sold over asking.

Days on Market for Groveland-Mascotte, FL

How long does it take to sell a home in Groveland-Mascotte, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days81 Days+100.3%

Summary: Homes in Groveland-Mascotte had an average of 81 days on market in Nov 2024, up by 100.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Groveland-Mascotte has remained consistent over time.

Summary: During November 2024, 38 homes were sold in Groveland-Mascotte; 18% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 34% 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 20 Days Ago

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