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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plantation Estates is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Plantation Estates has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Plantation Estates, FL

How much do homes in Plantation Estates, FL cost?

Median Sold Price

$310,700

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,750(+7.2%)

Key Takeaway

Homes in Plantation Estates have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Plantation Estates was $310,700 in November 2024, up 7.2% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$170K
N/A
2 $232.5K$252.5K
+8.6%
3 $295K$325.7K
+10.4%
4 $319.5K$385K
+20.5%
5+ --
N/A

Summary: Plantation Estates 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 8.6%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes did not change.

Housing Supply in Plantation Estates, FL

How many homes are available in Plantation Estates, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4139-4.9%

Summary: The Plantation Estates real estate market had 39 homes for sale in November 2024, a 4.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 2926
-10.3%
4 76
-14.3%
5+ 00
0.0%

Summary: The Plantation Estates 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 40%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in Plantation Estates in November 2024, up by 42.9% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.

Days on Market for Plantation Estates, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days62 Days+229.0%

Summary: Homes in Plantation Estates had an average of 62 days on market in Nov 2024, up by 229% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 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 Estates has remained consistent over time.

Summary: During November 2024, 10 homes were sold in Plantation Estates; 20% of homes were sold within 30 days, 60% 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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