$199,000
0.87 Acres
Land
Leigh Hoffman, Listing Office: THE KEYES COMPANY
Is Riverfront Estates, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Riverfront Estates has remained a Seller's Market.
Key Takeaway
Riverfront Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverfront Estates, FL
How much do homes in Riverfront Estates, FL cost?
Median Sold Price
$293,000
$188/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$30,000(+11.4%)
Key Takeaway
Homes in Riverfront Estates have sold for 11.4% more than they did a month ago.
Summary: The median home sold price in Riverfront Estates was $293,000 in October 2024, up 11.4% from last month, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $259K | $258K | -0.4% |
| 4 Bedrooms | $428.2K | $410K | -4.3% |
| 5+ Bedrooms | - | $483.5K | N/A |
Summary: Riverfront Estates housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes did not change.
Housing Supply in Riverfront Estates, FL
How many homes are available in Riverfront Estates, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 32 | -11.1% |
Summary: The Riverfront Estates real estate market had 32 homes for sale in October 2024, a 11.1% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 9 | 6 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Riverfront Estates 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 decreased by 4%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Riverfront Estates, 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 Riverfront Estates in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Riverfront Estates, FL
How long does it take to sell a home in Riverfront Estates, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 49 Days | -37.0% |
Summary: Homes in Riverfront Estates had an average of 49 days on market in Oct 2024, down by 37% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Riverfront Estates has remained consistent over time.
Summary: During October 2024, 9 homes were sold in Riverfront Estates; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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