$6,709 Closing Credit*
$565,000
1,781 SqFt
3 Beds
•2 Full Baths
#1030149, Susan Swanson, Listing Office: Denovo Realty
Is Heritage Isle, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Heritage Isle was a Neutral Market.
Key Takeaway
Heritage Isle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Heritage Isle, FL
How much do homes in Heritage Isle, FL cost?
Median Sold Price
$420,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+1.2%)
Key Takeaway
Homes in Heritage Isle have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Heritage Isle was $420,000 in October 2024, up 1.2% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $338K | $330K | -2.4% |
| 3 Bedrooms | $460K | $432K | -6.1% |
| 4 Bedrooms | $499.5K | $567.4K | +13.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Heritage Isle housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 13.6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Heritage Isle real estate market had 24 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Heritage Isle 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 increased by 12.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
7 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 Heritage Isle, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Heritage Isle in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 121 Days | +282.1% |
Summary: Homes in Heritage Isle had an average of 121 days on market in Oct 2024, up by 282.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Heritage Isle are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Heritage Isle; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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