$7,244 Closing Credit*
$610,000
1,765 SqFt
4 Beds
•3 Full Baths
Joyce D'Souza-Palma, Listing Office: First Service Realty ERA
Is Princeton-Goulds, 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, Princeton-Goulds was a Seller's Market.
Key Takeaway
Princeton-Goulds is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Princeton-Goulds, FL
How much do homes in Princeton-Goulds, FL cost?
Median Sold Price
$530,000
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,619(+10.1%)
Key Takeaway
Homes in Princeton-Goulds have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in Princeton-Goulds was $530,000 in October 2024, up 10.1% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $186K | $203K | +9.1% |
| 2 Bedrooms | $261.5K | $286K | +9.4% |
| 3 Bedrooms | $449.4K | $486.3K | +8.2% |
| 4 Bedrooms | $540K | $585K | +8.3% |
| 5+ Bedrooms | $665.8K | $712.5K | +7.0% |
Summary: Princeton-Goulds housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 7%.
Median Sold Price Compared To Nearby Cities
| Cutler Bay | $522K | $580K | +11.1% |
| Princeton-Goulds | $481.3K | $530K | +10.1% |
| Homestead | $430K | $464.9K | +8.1% |
| Kendall-Palmetto Bay | $744.6K | $779.6K | +4.7% |
| Palmetto Bay | $1.0M | $1.0M | +2.4% |
Housing Supply in Princeton-Goulds, FL
How many homes are available in Princeton-Goulds, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 906 | 932 | +2.9% |
Summary: The Princeton-Goulds real estate market had 932 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 61 | 58 | -4.9% |
| 3 Bedrooms | 369 | 394 | +6.8% |
| 4 Bedrooms | 342 | 337 | -1.5% |
| 5+ Bedrooms | 128 | 139 | +8.6% |
Summary: The Princeton-Goulds housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 8.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 143 | 117 | -18.2% |
Asking Price vs. Sold Price
72 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Princeton-Goulds, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 117 homes were sold or pending in Princeton-Goulds in October 2024, down by 18.2% month-over-month. Of the 117 sold homes, 62% were sold under asking, 28% were sold at asking, and 10% were sold over asking.
Days on Market for Princeton-Goulds, FL
How long does it take to sell a home in Princeton-Goulds, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 50 Days | +53.9% |
Summary: Homes in Princeton-Goulds had an average of 50 days on market in Oct 2024, up by 53.9% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Princeton-Goulds has remained consistent over time.
Summary: During October 2024, 117 homes were sold in Princeton-Goulds; 41% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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