Is Matanzas, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Matanzas is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Matanzas was a Seller's Market.

Key Takeaway

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

Housing Prices in Matanzas, FL

How much do homes in Matanzas, FL cost?

Median Sold Price

$389,590

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,590(+1.2%)

Key Takeaway

Homes in Matanzas have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Matanzas was $389,590 in October 2024, up 1.2% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $200K$350K
+75.0%
2 $305K$301.2K
-1.2%
3 $370.9K$364.9K
-1.6%
4 $518.9K$499.9K
-3.7%
5+ $473.9K$665K
+40.3%

Summary: Matanzas housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 40.3%.

Housing Supply in Matanzas, FL

How many homes are available in Matanzas, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
219218-0.5%

Summary: The Matanzas real estate market had 218 homes for sale in October 2024, a 0.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 6563
-3.1%
3 97103
+6.2%
4 4542
-6.7%
5+ 119
-18.2%

Summary: The Matanzas housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2520-20.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Matanzas, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Matanzas in October 2024, down by 20.0% month-over-month. Of the 20 sold homes, 75% were sold under asking, 15% were sold at asking, and 10% were sold over asking.

Days on Market for Matanzas, FL

How long does it take to sell a home in Matanzas, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days74 Days+14.9%

Summary: Homes in Matanzas had an average of 74 days on market in Oct 2024, up by 14.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Matanzas has remained consistent over time.

Summary: During October 2024, 20 homes were sold in Matanzas; 25% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

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