$10,000 Closing Credit*
$2,200,000
2,667 SqFt
4 Beds
•3 Full Baths
Ryan J Critch, Listing Office: Ryan Critch Real Estate
Is Imperial Point, 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, Imperial Point was a Seller's Market.
Key Takeaway
Imperial Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Imperial Point, FL
How much do homes in Imperial Point, FL cost?
Median Sold Price
$667,500
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$72,500(-9.8%)
Key Takeaway
Homes in Imperial Point have sold for 9.8% less than they did a year ago.
Summary: The median home sold price in Imperial Point was $667,500 in October 2024, down 9.8% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $147K | +17.6% |
| 2 Bedrooms | $243K | $299.9K | +23.4% |
| 3 Bedrooms | $790K | $760K | -3.8% |
| 4 Bedrooms | $862.5K | $875K | +1.4% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Imperial Point housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.6%, 2 bedroom homes increased by 23.4%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| East Deerfield Beach / East Pompano Beach | $548.7K | $666.6K | +21.5% |
| Imperial Point | $740K | $667.5K | -9.8% |
Housing Supply in Imperial Point, FL
How many homes are available in Imperial Point, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 57 | +1.8% |
Summary: The Imperial Point real estate market had 57 homes for sale in October 2024, a 1.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 18 | 21 | +16.7% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Imperial Point housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Imperial Point, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Imperial Point in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Imperial Point, FL
How long does it take to sell a home in Imperial Point, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 83 Days | 83 Days | 0.4% |
Summary: Homes in Imperial Point had an average of 83 days on market in Oct 2024, up by 0.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Imperial Point are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Imperial Point; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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