Is Isla Del Sol, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Isla Del Sol is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Isla Del Sol has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Isla Del Sol, FL

How much do homes in Isla Del Sol, FL cost?

Median Sold Price

$440,000

$421/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,000(-0.5%)

Key Takeaway

The sold price of homes in Isla Del Sol has remained the same since last year.

Summary: The median home sold price in Isla Del Sol was $440,000 in October 2024, down 0.5% from last year, and the median price per square foot was $421.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $319.9K$273.3K
-14.6%
2 $460K$450K
-2.2%
3 $880K$854.2K
-2.9%
4 -$931.2K
N/A
5+ --
N/A

Summary: Isla Del Sol housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Isla Del Sol, FL

How many homes are available in Isla Del Sol, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103107+3.9%

Summary: The Isla Del Sol real estate market had 107 homes for sale in October 2024, a 3.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1114
+27.3%
2 8586
+1.2%
3 65
-16.7%
4 01
+100.0%
5+ 11
0.0%

Summary: The Isla Del Sol housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Isla Del Sol, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Isla Del Sol in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Isla Del Sol, FL

How long does it take to sell a home in Isla Del Sol, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
39 Days107 Days+174.8%

Summary: Homes in Isla Del Sol had an average of 107 days on market in Oct 2024, up by 174.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Isla Del Sol are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 9 homes were sold in Isla Del Sol; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% 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 17 Days Ago

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