$9,263 Closing Credit*
$780,000
1,655 SqFt
4 Beds
•2 Full Baths
Milton Andrade, Listing Office: Compass Florida, LLC.
Is Imperial Point, 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, 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
$662,500
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$87,400(-11.7%)
Key Takeaway
Homes in Imperial Point have sold for 11.7% less than they did a year ago.
Summary: The median home sold price in Imperial Point was $662,500 in November 2024, down 11.7% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $140.5K | +12.4% |
| 2 Bedrooms | $241K | $299.9K | +24.5% |
| 3 Bedrooms | $800K | $762.5K | -4.7% |
| 4 Bedrooms | $842.5K | $875K | +3.9% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Imperial Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.4%, 2 bedroom homes increased by 24.5%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| East Deerfield Beach / East Pompano Beach | $554.3K | $683.5K | +23.3% |
| Imperial Point | $749.9K | $662.5K | -11.7% |
Housing Supply in Imperial Point, FL
How many homes are available in Imperial Point, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 54 | +3.8% |
Summary: The Imperial Point real estate market had 54 homes for sale in November 2024, a 3.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 20 | 20 | 0.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Imperial Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Imperial Point, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Imperial Point in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 119 Days | +253.5% |
Summary: Homes in Imperial Point had an average of 119 days on market in Nov 2024, up by 253.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 November 2024, 5 homes were sold in Imperial Point; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
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