$2,363 Closing Credit*
$199,000
1,246 SqFt
2 Beds
•2 Full Baths
LORI Smith, PA, Listing Office: BEST OF THE GULF REALTY INC
Is Paradise Estates, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Paradise Estates has remained a Buyer's Market.
Key Takeaway
Paradise Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Paradise Estates, FL
How much do homes in Paradise Estates, FL cost?
Median Sold Price
$362,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$15,750(+4.5%)
Key Takeaway
Homes in Paradise Estates have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Paradise Estates was $362,000 in September 2024, up 4.5% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $344.4K | $347K | +0.8% |
| 3 Bedrooms | $527.5K | $385K | -27.0% |
| 4 Bedrooms | $387.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Paradise Estates housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 27%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Paradise Estates, FL
How many homes are available in Paradise Estates, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Paradise Estates real estate market had 15 homes for sale in September 2024, a 7.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Paradise Estates 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 increased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Paradise Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Paradise Estates in September 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Paradise Estates, FL
How long does it take to sell a home in Paradise Estates, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 127 Days | 20 Days | -84.3% |
Summary: Homes in Paradise Estates had an average of 20 days on market in Sep 2024, down by 84.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Paradise Estates are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 1 homes were sold in Paradise Estates; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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