Is Plantation Bay, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plantation Bay is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Plantation Bay was a Seller's Market.

Key Takeaway

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

Housing Prices in Plantation Bay, FL

How much do homes in Plantation Bay, FL cost?

Median Sold Price

$537,500

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$22,500(-4.0%)

Key Takeaway

Homes in Plantation Bay have sold for 4% less than they did a year ago.

Summary: The median home sold price in Plantation Bay was $537,500 in November 2024, down 4% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $365K$335K
-8.2%
3 $535K$545K
+1.9%
4 $880K$699.9K
-20.5%
5+ $1.1M$2.0M
+83.0%

Summary: Plantation Bay 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 decreased by 8.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes increased by 83%.

Median Sold Price Compared To Nearby Neighborhoods

Halifax
+6.8%
Plantation Bay
-4.0%

Housing Supply in Plantation Bay, FL

How many homes are available in Plantation Bay, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4642-8.7%

Summary: The Plantation Bay real estate market had 42 homes for sale in November 2024, a 8.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 2923
-20.7%
4 66
0.0%
5+ 22
0.0%

Summary: The Plantation Bay 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 increased by 22.2%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

4 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 Plantation Bay, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Plantation Bay in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Plantation Bay, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
89 Days137 Days+53.9%

Summary: Homes in Plantation Bay had an average of 137 days on market in Nov 2024, up by 53.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 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 Plantation Bay has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Plantation Bay; 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 21 Days Ago

Newest Listings in Plantation Bay, FL

Nearby Markets to Plantation Bay, FL