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 neutral's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Mandarin Station/Losco is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mandarin Station/Losco, FL

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

Median Sold Price

$365,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$8,250(-2.2%)

Key Takeaway

Homes in Mandarin Station/Losco have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Mandarin Station/Losco was $365,000 in September 2024, down 2.2% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $224K$209.5K
-6.5%
3 $345K$355K
+2.9%
4 $455.9K$480K
+5.3%
5+ $590K$625K
+5.9%

Summary: Mandarin Station/Losco housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 5.9%.

Housing Supply in Mandarin Station/Losco, FL

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3837-2.6%

Summary: The Mandarin Station/Losco real estate market had 37 homes for sale in September 2024, a 2.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1819
+5.6%
4 1212
0.0%
5+ 54
-20.0%

Summary: The Mandarin Station/Losco housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Mandarin Station/Losco in September 2024, the same as the previous 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 Mandarin Station/Losco, FL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
35 Days48 Days+39.5%

Summary: Homes in Mandarin Station/Losco had an average of 48 days on market in Sep 2024, up by 39.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mandarin Station/Losco are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 6 homes were sold in Mandarin Station/Losco; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% 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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