$3,681 Closing Credit*
$310,000
1,856 SqFt
4 Beds
•3 Full Baths, 1 Partial
Erica Diaz, Listing Office: HOMEVEST REALTY
Is Regal Palms at Highland's Reserve, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Regal Palms at Highland's Reserve was a Neutral Market.
Key Takeaway
Regal Palms at Highland's Reserve is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Regal Palms at Highland's Reserve, FL
How much do homes in Regal Palms at Highland's Reserve, FL cost?
Median Sold Price
$275,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$21,106(-7.1%)
Key Takeaway
Homes in Regal Palms at Highland's Reserve have sold for 7.1% less than they did a year ago.
Summary: The median home sold price in Regal Palms at Highland's Reserve was $275,000 in November 2024, down 7.1% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $286K | $240K | -16.1% |
| 4 Bedrooms | $306.6K | $279.7K | -8.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Regal Palms at Highland's Reserve 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 did not change, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes did not change.
Housing Supply in Regal Palms at Highland's Reserve, FL
How many homes are available in Regal Palms at Highland's Reserve, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 53 | +15.2% |
Summary: The Regal Palms at Highland's Reserve real estate market had 53 homes for sale in November 2024, a 15.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 33 | 39 | +18.2% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Regal Palms at Highland's Reserve 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 remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Regal Palms at Highland's Reserve, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Regal Palms at Highland's Reserve in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Regal Palms at Highland's Reserve, FL
How long does it take to sell a home in Regal Palms at Highland's Reserve, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 146 Days | 56 Days | -61.3% |
Summary: Homes in Regal Palms at Highland's Reserve had an average of 56 days on market in Nov 2024, down by 61.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Regal Palms at Highland's Reserve has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Regal Palms at Highland's Reserve; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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