Is Parkwood Acres, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parkwood Acres is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Parkwood Acres was a Buyer's Market.

Key Takeaway

Parkwood Acres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Parkwood Acres, FL

How much do homes in Parkwood Acres, FL cost?

Median Sold Price

$305,000

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,500(+0.5%)

Key Takeaway

The sold price of homes in Parkwood Acres has remained the same since last year.

Summary: The median home sold price in Parkwood Acres was $305,000 in November 2024, up 0.5% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $255K$270K
+5.9%
3 $325K$309.4K
-4.8%
4 $370K$287.5K
-22.3%
5+ $279.9K$250K
-10.7%

Summary: Parkwood Acres housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 22.3%, and 5+ bedroom homes decreased by 10.7%.

Median Sold Price Compared To Nearby Neighborhoods

Parkwood Acres
0.5%
Hudson
-3.3%

Housing Supply in Parkwood Acres, FL

How many homes are available in Parkwood Acres, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3127-12.9%

Summary: The Parkwood Acres real estate market had 27 homes for sale in November 2024, a 12.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1916
-15.8%
4 98
-11.1%
5+ 00
0.0%

Summary: The Parkwood Acres housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parkwood Acres, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Parkwood Acres in November 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Parkwood Acres, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days75 Days+60.0%

Summary: Homes in Parkwood Acres had an average of 75 days on market in Nov 2024, up by 60% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Parkwood Acres has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Parkwood Acres; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 26 Days Ago

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