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 October 2023

At the same time last year, Reunion was a Seller'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

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,555(+0.8%)

Key Takeaway

Homes in Reunion have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Reunion was $440,700 in October 2024, up 0.8% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $218K$211.5K
-3.0%
2 $517.5K$465K
-10.1%
3 $369K$365K
-1.1%
4 $550K$617.5K
+12.3%
5+ $812.4K$745K
-8.3%

Summary: Reunion housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes decreased by 10.1%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Neighborhoods

Reunion
+0.8%
Villas At Reunion Square
-10.1%

Housing Supply in Reunion, FL

How many homes are available in Reunion, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
187188+0.5%

Summary: The Reunion real estate market had 188 homes for sale in October 2024, a 0.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 53
-40.0%
2 67
+16.7%
3 8992
+3.4%
4 2930
+3.4%
5+ 5856
-3.4%

Summary: The Reunion housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 3.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
159-40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were 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. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Reunion in October 2024, down by 40.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
68 Days44 Days-34.5%

Summary: Homes in Reunion had an average of 44 days on market in Oct 2024, down by 34.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Reunion; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% 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 15 Days Ago

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