$4,156 Closing Credit*
$350,000
1,671 SqFt
3 Beds
•2 Full Baths
Jennifer Fieo, Listing Office: RE/MAX REALTY UNLIMITED
Is Parkwood Acres, 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, Parkwood Acres was a Seller's Market.
Key Takeaway
Parkwood Acres is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Parkwood Acres, FL
How much do homes in Parkwood Acres, FL cost?
Median Sold Price
$305,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+1.7%)
Key Takeaway
Homes in Parkwood Acres have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in Parkwood Acres was $305,000 in October 2024, up 1.7% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255K | $270K | +5.9% |
| 3 Bedrooms | $312.5K | $310K | -0.8% |
| 4 Bedrooms | $370K | $278.7K | -24.7% |
| 5+ Bedrooms | $279.9K | $250K | -10.7% |
Summary: Parkwood Acres 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 increased by 5.9%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 24.7%, and 5+ bedroom homes decreased by 10.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Lakewood Acres / Oakwood | $222.6K | $346.2K | +55.5% |
| Parkwood Acres | $300K | $305K | +1.7% |
| Hudson | $330.6K | $320K | -3.2% |
Housing Supply in Parkwood Acres, FL
How many homes are available in Parkwood Acres, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 30 | -11.8% |
Summary: The Parkwood Acres real estate market had 30 homes for sale in October 2024, a 11.8% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 23 | 18 | -21.7% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Parkwood Acres 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 decreased by 25%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parkwood Acres, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Parkwood Acres in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 140 Days | +660.8% |
Summary: Homes in Parkwood Acres had an average of 140 days on market in Oct 2024, up by 660.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Parkwood Acres are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in Parkwood Acres; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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