$5,047 Closing Credit*
$425,000
1,232 SqFt
2 Beds
•2 Full Baths
Kathie Eberhard, Listing Office: John R Wood Properties
Is Heritage Bay, 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, Heritage Bay has remained a Buyer's Market.
Key Takeaway
Heritage Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Heritage Bay, FL
How much do homes in Heritage Bay, FL cost?
Median Sold Price
$567,500
$367/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$103,500(+22.3%)
Key Takeaway
Homes in Heritage Bay have sold for 22.3% more than they did a month ago.
Summary: The median home sold price in Heritage Bay was $567,500 in September 2024, up 22.3% from last month, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $464K | $520K | +12.1% |
| 3 Bedrooms | - | $740K | N/A |
| 4 Bedrooms | - | $1.1M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Heritage Bay housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Heritage Bay, FL
How many homes are available in Heritage Bay, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 34 | 37 | +8.8% |
Summary: The Heritage Bay real estate market had 37 homes for sale in September 2024, a 8.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 27 | 28 | +3.7% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Heritage Bay housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Heritage Bay, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Heritage Bay in September 2024, up by 25.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Heritage Bay, FL
How long does it take to sell a home in Heritage Bay, FL?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 109 Days | 105 Days | -3.7% |
Summary: Homes in Heritage Bay had an average of 105 days on market in Sep 2024, down by 3.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Heritage Bay are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 5 homes were sold in Heritage Bay; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
