Is Regal Oaks at Old Town, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Regal Oaks at Old Town is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Regal Oaks at Old Town has remained a Seller's Market.

Key Takeaway

Regal Oaks at Old Town is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Regal Oaks at Old Town, FL

How much do homes in Regal Oaks at Old Town, FL cost?

Median Sold Price

$331,000

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$9,000(-2.6%)

Key Takeaway

Homes in Regal Oaks at Old Town have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Regal Oaks at Old Town was $331,000 in September 2024, down 2.6% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $318K$331.2K
+4.2%
3 $350K$332K
-5.1%
4 $360K$325K
-9.7%
5+ --
N/A

Summary: Regal Oaks at Old Town housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes did not change.

Housing Supply in Regal Oaks at Old Town, FL

How many homes are available in Regal Oaks at Old Town, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2017-15.0%

Summary: The Regal Oaks at Old Town real estate market had 17 homes for sale in September 2024, a 15.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 78
+14.3%
4 50
-100.0%
5+ 00
0.0%

Summary: The Regal Oaks at Old Town housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 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 Regal Oaks at Old Town, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Regal Oaks at Old Town in September 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Regal Oaks at Old Town, FL

How long does it take to sell a home in Regal Oaks at Old Town, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
40 Days61 Days+50.3%

Summary: Homes in Regal Oaks at Old Town had an average of 61 days on market in Sep 2024, up by 50.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Regal Oaks at Old Town are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 3 homes were sold in Regal Oaks at Old Town; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

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