Is Northeast Glades, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Glades is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Northeast Glades has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Northeast Glades, FL

How much do homes in Northeast Glades, FL cost?

Median Sold Price

$249,000

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,000(-9.1%)

Key Takeaway

Homes in Northeast Glades have sold for 9.1% less than they did a year ago.

Summary: The median home sold price in Northeast Glades was $249,000 in October 2024, down 9.1% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $62K$69K
+11.3%
2 $164.5K$207.5K
+26.1%
3 $300K$263.5K
-12.2%
4 $2.8M$161K
-94.3%
5+ -$409K
N/A

Summary: Northeast Glades housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 26.1%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 94.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Southwest Glades
+15.0%
Indiantown
+7.5%
Northeast Glades
-9.1%

Housing Supply in Northeast Glades, FL

How many homes are available in Northeast Glades, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2932+10.3%

Summary: The Northeast Glades real estate market had 32 homes for sale in October 2024, a 10.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1013
+30.0%
3 1313
0.0%
4 66
0.0%
5+ 00
0.0%

Summary: The Northeast Glades 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 30%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

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

Summary: A total of 2 homes were sold or pending in Northeast Glades in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Northeast Glades, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
201 Days388 Days+93.3%

Summary: Homes in Northeast Glades had an average of 388 days on market in Oct 2024, up by 93.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Northeast Glades has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Northeast Glades; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 16 Days Ago

Newest Listings in Northeast Glades, FL

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