Is Reunion, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reunion is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Reunion has remained a Buyer's Market.

Key Takeaway

Reunion is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Reunion, FL

How much do homes in Reunion, FL cost?

Median Sold Price

$440,700

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,505(+0.3%)

Key Takeaway

The sold price of homes in Reunion has remained the same since last year.

Summary: The median home sold price in Reunion was $440,700 in November 2024, up 0.3% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $219K$203K
-7.3%
2 $550K$447.5K
-18.6%
3 $369.1K$355K
-3.8%
4 $555.5K$595K
+7.1%
5+ $812.4K$750K
-7.7%

Summary: Reunion housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes decreased by 18.6%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 7.7%.

Median Sold Price Compared To Nearby Neighborhoods

Reunion
0.3%
Villas At Reunion Square
-8.5%

Housing Supply in Reunion, FL

How many homes are available in Reunion, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
188195+3.7%

Summary: The Reunion real estate market had 195 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 77
0.0%
3 94102
+8.5%
4 3026
-13.3%
5+ 5457
+5.6%

Summary: The Reunion 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 8.5%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 5.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
921+133.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reunion, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Reunion in November 2024, up by 133.3% month-over-month. Of the 21 sold homes, 52% were sold under asking, 43% were sold at asking, and 5% were sold over asking.

Days on Market for Reunion, FL

How long does it take to sell a home in Reunion, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
155 Days104 Days-33.3%

Summary: Homes in Reunion had an average of 104 days on market in Nov 2024, down by 33.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Reunion are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 21 homes were sold in Reunion; 33% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 43% 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 21 Days Ago

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