$8,491 Closing Credit*
$715,000
2,287 SqFt
4 Beds
•3 Full Baths
Cathy Loeppke, PLLC, Listing Office: CORCORAN DWELLINGS REALTY
Is River Strand, 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, River Strand has remained a Buyer's Market.
Key Takeaway
River Strand is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in River Strand, FL
How much do homes in River Strand, FL cost?
Median Sold Price
$490,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$62,500(+14.6%)
Key Takeaway
Homes in River Strand have sold for 14.6% more than they did a year ago.
Summary: The median home sold price in River Strand was $490,000 in October 2024, up 14.6% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $340K | $335K | -1.5% |
| 3 Bedrooms | $515K | $520K | +1.0% |
| 4 Bedrooms | $727K | $700K | -3.7% |
| 5+ Bedrooms | $835K | $1.0M | +23.4% |
Summary: River Strand 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 decreased by 1.5%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 23.4%.
Median Sold Price Compared To Nearby Neighborhoods
| River Strand | $427.5K | $490K | +14.6% |
| Heritage Harbour | $438.3K | $485K | +10.7% |
Housing Supply in River Strand, FL
How many homes are available in River Strand, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 66 | +1.5% |
Summary: The River Strand real estate market had 66 homes for sale in October 2024, a 1.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 28 | 30 | +7.1% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The River Strand 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 increased by 7.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in River Strand, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in River Strand in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for River Strand, FL
How long does it take to sell a home in River Strand, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 66 Days | +23.0% |
Summary: Homes in River Strand had an average of 66 days on market in Oct 2024, up by 23% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in River Strand are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in River Strand; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. 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. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.