$3,741 Closing Credit*
$315,000
1,433 SqFt
3 Beds
•2 Full Baths
Jon Gardner, Listing Office: Dalton Wade, Inc.
Is Regency Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Regency Park has remained a Seller's Market.
Key Takeaway
Regency Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Regency Park, FL
How much do homes in Regency Park, FL cost?
Median Sold Price
$267,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$18,000(-6.3%)
Key Takeaway
Homes in Regency Park have sold for 6.3% less than they did a year ago.
Summary: The median home sold price in Regency Park was $267,000 in October 2024, down 6.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $135K | $193K | +43.0% |
| 3 Bedrooms | $275K | $260K | -5.5% |
| 4 Bedrooms | $356K | $340K | -4.5% |
| 5+ Bedrooms | $350K | - | N/A |
Summary: Regency Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Kensington | $226.3K | $254.2K | +12.4% |
| Ferry Pass | $258.7K | $271.5K | +4.9% |
| La Mirage | $350K | $352.5K | +0.7% |
| Regency Park | $285K | $267K | -6.3% |
Housing Supply in Regency Park, FL
How many homes are available in Regency Park, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 40 | 0.0% |
Summary: The Regency Park real estate market had 40 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Regency Park housing inventory by bedroom type for October 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 3.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Regency Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Regency Park in October 2024, up by 16.7% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Regency Park, FL
How long does it take to sell a home in Regency Park, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 65 Days | +96.1% |
Summary: Homes in Regency Park had an average of 65 days on market in Oct 2024, up by 96.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Regency Park has remained consistent over time.
Summary: During October 2024, 7 homes were sold in Regency Park; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.