Is Imperial Cove, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Imperial Cove is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Imperial Cove has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Imperial Cove, FL

How much do homes in Imperial Cove, FL cost?

Median Sold Price

$137,250

$119/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$147,650(-51.8%)

Key Takeaway

Homes in Imperial Cove have sold for 51.8% less than they did a month ago.

Summary: The median home sold price in Imperial Cove was $137,250 in November 2024, down 51.8% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $284.9K$137.2K
-51.8%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Imperial Cove housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 51.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Imperial Cove, FL

How many homes are available in Imperial Cove, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2123+9.5%

Summary: The Imperial Cove real estate market had 23 homes for sale in November 2024, a 9.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 1718
+5.9%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Imperial Cove housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 5.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Imperial Cove, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Imperial Cove in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Imperial Cove, FL

How long does it take to sell a home in Imperial Cove, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
96 Days140 Days+45.8%

Summary: Homes in Imperial Cove had an average of 140 days on market in Nov 2024, up by 45.8% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Imperial Cove 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 Imperial Cove; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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