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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mediterra is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Mediterra has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Mediterra, FL

How much do homes in Mediterra, FL cost?

Median Sold Price

$3,100,000

$1,037/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$407,000(+15.1%)

Key Takeaway

Homes in Mediterra have sold for 15.1% more than they did a month ago.

Summary: The median home sold price in Mediterra was $3,100,000 in September 2024, up 15.1% from last month, and the median price per square foot was $1,037.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.0M$2.4M
+128.6%
4 $4.3M$4.4M
+2.6%
5+ --
N/A

Summary: Mediterra housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 128.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes did not change.

Housing Supply in Mediterra, FL

How many homes are available in Mediterra, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3137+19.4%

Summary: The Mediterra real estate market had 37 homes for sale in September 2024, a 19.4% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1721
+23.5%
4 1416
+14.3%
5+ 00
0.0%

Summary: The Mediterra 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 remained the same, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 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 Mediterra, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mediterra in September 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mediterra, FL

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

Average Sale Time

Aug 2024Sep 2024CHANGE
71 Days109 Days+52.9%

Summary: Homes in Mediterra had an average of 109 days on market in Sep 2024, up by 52.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 3 homes were sold in Mediterra; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 22 Days Ago

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