Is Mandarin Station/Losco, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mandarin Station/Losco is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mandarin Station/Losco was a Seller's Market.

Key Takeaway

Mandarin Station/Losco is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mandarin Station/Losco, FL

How much do homes in Mandarin Station/Losco, FL cost?

Median Sold Price

$360,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$14,950(-4.0%)

Key Takeaway

Homes in Mandarin Station/Losco have sold for 4% less than they did a year ago.

Summary: The median home sold price in Mandarin Station/Losco was $360,000 in November 2024, down 4% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $255K$204.7K
-19.7%
3 $350K$344.4K
-1.6%
4 $450K$480K
+6.7%
5+ $592.5K$625K
+5.5%

Summary: Mandarin Station/Losco housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 5.5%.

Housing Supply in Mandarin Station/Losco, FL

How many homes are available in Mandarin Station/Losco, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3841+7.9%

Summary: The Mandarin Station/Losco real estate market had 41 homes for sale in November 2024, a 7.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2222
0.0%
4 1010
0.0%
5+ 34
+33.3%

Summary: The Mandarin Station/Losco housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mandarin Station/Losco, 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 Mandarin Station/Losco in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Mandarin Station/Losco, FL

How long does it take to sell a home in Mandarin Station/Losco, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
46 Days85 Days+83.7%

Summary: Homes in Mandarin Station/Losco had an average of 85 days on market in Nov 2024, up by 83.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mandarin Station/Losco has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Mandarin Station/Losco; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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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