$6,056 Closing Credit*
$510,000
1,927 SqFt
4 Beds
•3 Full Baths
Alberto Arrinda, Listing Office: Miami Premier Realty
Is Naranja - Princeton - East, 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, Naranja - Princeton - East was a Seller's Market.
Key Takeaway
Naranja - Princeton - East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Naranja - Princeton - East, FL
How much do homes in Naranja - Princeton - East, FL cost?
Median Sold Price
$515,000
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$31,348(+6.5%)
Key Takeaway
Homes in Naranja - Princeton - East have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Naranja - Princeton - East was $515,000 in October 2024, up 6.5% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $319K | N/A |
| 3 Bedrooms | $450K | $480K | +6.7% |
| 4 Bedrooms | $518K | $566K | +9.3% |
| 5+ Bedrooms | $610K | $610K | 0.0% |
Summary: Naranja - Princeton - East 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 did not change, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes did not change.
Housing Supply in Naranja - Princeton - East, FL
How many homes are available in Naranja - Princeton - East, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 | 103 | -4.6% |
Summary: The Naranja - Princeton - East real estate market had 103 homes for sale in October 2024, a 4.6% decrease 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 54 | 57 | +5.6% |
| 4 Bedrooms | 40 | 35 | -12.5% |
| 5+ Bedrooms | 12 | 8 | -33.3% |
Summary: The Naranja - Princeton - East 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 50%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Naranja - Princeton - East, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Naranja - Princeton - East in October 2024, down by 26.7% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Naranja - Princeton - East, FL
How long does it take to sell a home in Naranja - Princeton - East, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 45 Days | +71.3% |
Summary: Homes in Naranja - Princeton - East had an average of 45 days on market in Oct 2024, up by 71.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Naranja - Princeton - East has remained consistent over time.
Summary: During October 2024, 11 homes were sold in Naranja - Princeton - East; 27% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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