$4,036 Closing Credit*
$339,900
1,526 SqFt
2 Beds
•2 Full Baths
#1032009, Mike Davis, Listing Office: Davis Realty Group, LLC
Is Heritage Isle, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Heritage Isle was a Seller's Market.
Key Takeaway
Heritage Isle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Heritage Isle, FL
How much do homes in Heritage Isle, FL cost?
Median Sold Price
$390,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,000(-9.3%)
Key Takeaway
Homes in Heritage Isle have sold for 9.3% less than they did a year ago.
Summary: The median home sold price in Heritage Isle was $390,000 in November 2024, down 9.3% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $336K | $330K | -1.8% |
| 3 Bedrooms | $460K | $426.6K | -7.3% |
| 4 Bedrooms | $517K | $516.5K | -0.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Heritage Isle housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes did not change.
Housing Supply in Heritage Isle, FL
How many homes are available in Heritage Isle, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Summary: The Heritage Isle real estate market had 23 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Heritage Isle housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 1 | -87.5% |
Asking Price vs. Sold Price
1 Home Was 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 Isle, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Heritage Isle in November 2024, down by 87.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Heritage Isle, FL
How long does it take to sell a home in Heritage Isle, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 195 Days | +1917.2% |
Summary: Homes in Heritage Isle had an average of 195 days on market in Nov 2024, up by 1917.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Heritage Isle are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Heritage Isle; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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