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 October 2023

At the same time last year, Groveland-Mascotte was a Seller's 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

$380,000

$207/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

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

Summary: The median home sold price in Groveland-Mascotte was $380,000 in October 2024, the same as last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $441.5K$177.5K
-59.8%
2 $330K$347.9K
+5.4%
3 $341.8K$355K
+3.9%
4 $400K$404.9K
+1.2%
5+ $479.3K$485.6K
+1.3%

Summary: Groveland-Mascotte housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.8%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Cities

Mascotte
+14.8%
Minneola
+3.6%
Groveland
0.5%
Clermont
0.1%
Groveland-Mascotte
0.0%

Housing Supply in Groveland-Mascotte, FL

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
332335+0.9%

Summary: The Groveland-Mascotte real estate market had 335 homes for sale in October 2024, a 0.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 4843
-10.4%
3 136150
+10.3%
4 120115
-4.2%
5+ 2827
-3.6%

Summary: The Groveland-Mascotte 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 decreased by 10.4%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 3.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5335-34.0%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

3 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Groveland-Mascotte in October 2024, down by 34.0% month-over-month. Of the 35 sold homes, 57% were sold under asking, 34% were sold at asking, and 9% 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

Oct 2023Oct 2024CHANGE
36 Days59 Days+62.4%

Summary: Homes in Groveland-Mascotte had an average of 59 days on market in Oct 2024, up by 62.4% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Groveland-Mascotte are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 35 homes were sold in Groveland-Mascotte; 49% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 23% 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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