$10,000 Closing Credit*
$1,325,000
2,004 SqFt
3 Beds
•2 Full Baths
Daina V Bertrand, Listing Office: The Moorings Realty Sales Co.
Is Moorings, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Moorings was a Buyer's Market.
Key Takeaway
Moorings 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 Moorings, FL
How much do homes in Moorings, FL cost?
Median Sold Price
$975,000
$530/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,115,200(-53.4%)
Key Takeaway
Homes in Moorings have sold for 53.4% less than they did a year ago.
Summary: The median home sold price in Moorings was $975,000 in October 2024, down 53.4% from last year, and the median price per square foot was $530.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $685K | $550K | -19.7% |
| 3 Bedrooms | $2.5M | $1.2M | -50.0% |
| 4 Bedrooms | $3.0M | $2.9M | -1.0% |
| 5+ Bedrooms | $2.5M | $5.5M | +115.7% |
Summary: Moorings housing prices by bedroom type for October 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 50%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 115.7%.
Housing Supply in Moorings, FL
How many homes are available in Moorings, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Summary: The Moorings real estate market had 33 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 18 | +38.5% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Moorings 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 increased by 38.5%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moorings, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Moorings in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Moorings, FL
How long does it take to sell a home in Moorings, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 71 Days | +185.6% |
Summary: Homes in Moorings had an average of 71 days on market in Oct 2024, up by 185.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Moorings are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Moorings; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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