$3,562 Closing Credit*
$299,999
1,156 SqFt
2 Beds
•2 Full Baths
Jonathan Minerick, Listing Office: HOMECOIN.COM
Is River Strand, 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, River Strand was a Seller'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
$495,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,050(+13.8%)
Key Takeaway
Homes in River Strand have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in River Strand was $495,000 in November 2024, up 13.8% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $340K | $340K | 0.0% |
| 3 Bedrooms | $515K | $525K | +1.9% |
| 4 Bedrooms | $724.5K | $707.5K | -2.3% |
| 5+ Bedrooms | $835K | $1.0M | +23.4% |
Summary: River Strand 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 increased by 1.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 23.4%.
Median Sold Price Compared To Nearby Neighborhoods
| River Strand | $434.9K | $495K | +13.8% |
| Heritage Harbour | $440K | $485K | +10.2% |
Housing Supply in River Strand, FL
How many homes are available in River Strand, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 67 | +4.7% |
Summary: The River Strand real estate market had 67 homes for sale in November 2024, a 4.7% 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 | 28 | 26 | -7.1% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 12 | 16 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The River Strand 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 decreased by 7.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
2 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 2 homes were sold or pending in River Strand in November 2024, down by 71.4% month-over-month. Of the 2 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 5 Days | -92.0% |
Summary: Homes in River Strand had an average of 5 days on market in Nov 2024, down by 92% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 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 November 2024, 2 homes were sold in River Strand; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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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.