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

$284,900

$259/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$84,900(+42.4%)

Key Takeaway

Homes in Imperial Cove have sold for 42.5% more than they did a month ago.

Summary: The median home sold price in Imperial Cove was $284,900 in October 2024, up 42.4% from last month, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $88.5K-
N/A
2 $230K$284.9K
+23.9%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Imperial Cove housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.9%, 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

Sep 2024Oct 2024CHANGE
2723-14.8%

Summary: The Imperial Cove real estate market had 23 homes for sale in October 2024, a 14.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 64
-33.3%
2 2119
-9.5%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Imperial Cove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 October 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

Sep 2024Oct 2024CHANGE
34 Days89 Days+159.2%

Summary: Homes in Imperial Cove had an average of 89 days on market in Oct 2024, up by 159.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Imperial Cove has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Imperial Cove; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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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