Is Perrine, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perrine is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Perrine was a Neutral Market.

Key Takeaway

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

Housing Prices in Perrine, FL

How much do homes in Perrine, FL cost?

Median Sold Price

$860,000

$412/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,000(+1.2%)

Key Takeaway

Homes in Perrine have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in Perrine was $860,000 in October 2024, up 1.2% from last year, and the median price per square foot was $412.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $190K$190K
0.0%
2 $195K$330K
+69.2%
3 $735K$737.5K
0.3%
4 $897K$950K
+5.9%
5+ $1.5M$1.2M
-19.4%

Summary: Perrine 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 69.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 19.4%.

Median Sold Price Compared To Nearby Neighborhoods

Perrine
+1.2%
Coral Reef Estates
-2.3%

Housing Supply in Perrine, FL

How many homes are available in Perrine, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5461+13.0%

Summary: The Perrine real estate market had 61 homes for sale in October 2024, a 13.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 55
0.0%
3 87
-12.5%
4 2733
+22.2%
5+ 1314
+7.7%

Summary: The Perrine housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perrine, 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 Perrine in October 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Perrine, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days40 Days-41.2%

Summary: Homes in Perrine had an average of 40 days on market in Oct 2024, down by 41.2% compared to last year.

Breakdown of Home Sale Times

3 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

Many homes in Perrine are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Perrine; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

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