Is Princeton-Goulds, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Princeton-Goulds is a buyer's market

Buyer's
Market

Difference Since November 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

$535,292

$309/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$48,636(+10.0%)

Key Takeaway

Homes in Princeton-Goulds have sold for 10% more than they did a year ago.

Summary: The median home sold price in Princeton-Goulds was $535,292 in November 2024, up 10% from last year, and the median price per square foot was $309.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $187K$203K
+8.6%
2 $263.9K$295K
+11.8%
3 $453.9K$490K
+7.9%
4 $546K$585K
+7.1%
5+ $687K$723.4K
+5.3%

Summary: Princeton-Goulds housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.6%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 5.3%.

Median Sold Price Compared To Nearby Cities

Cutler Bay
+11.4%
Princeton-Goulds
+10.0%
Homestead
+7.9%
Kendall-Palmetto Bay
+3.2%
Palmetto Bay
-1.8%

Housing Supply in Princeton-Goulds, FL

How many homes are available in Princeton-Goulds, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
886880-0.7%

Summary: The Princeton-Goulds real estate market had 880 homes for sale in November 2024, a 0.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 53
-40.0%
2 5758
+1.8%
3 379384
+1.3%
4 321294
-8.4%
5+ 124141
+13.7%

Summary: The Princeton-Goulds housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes increased by 13.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13892-33.3%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Princeton-Goulds, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 92 homes were sold or pending in Princeton-Goulds in November 2024, down by 33.3% month-over-month. Of the 92 sold homes, 50% were sold under asking, 40% 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

Nov 2023Nov 2024CHANGE
40 Days55 Days+34.4%

Summary: Homes in Princeton-Goulds had an average of 55 days on market in Nov 2024, up by 34.4% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

32 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 92 homes were sold in Princeton-Goulds; 42% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 23% 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 17 Days Ago

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