$10,000 Closing Credit*
$959,000
1,780 SqFt
2 Beds
•2 Full Baths
Ilona Dillon, Listing Office: Waterfront Realty Group Inc
Is Sabal Bay, 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, Sabal Bay has remained a Buyer's Market.
Key Takeaway
Sabal Bay is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sabal Bay, FL
How much do homes in Sabal Bay, FL cost?
Median Sold Price
$1,350,000
$669/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$475,000(+54.3%)
Key Takeaway
Homes in Sabal Bay have sold for 54.3% more than they did a month ago.
Summary: The median home sold price in Sabal Bay was $1,350,000 in November 2024, up 54.3% from last month, and the median price per square foot was $669.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $866.5K | $985K | +13.7% |
| 3 Bedrooms | $1.3M | $1.8M | +44.2% |
| 4 Bedrooms | - | $2.5M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Sabal Bay housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 44.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sabal Bay, FL
How many homes are available in Sabal Bay, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 80 | 0.0% |
Summary: The Sabal Bay real estate market had 80 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 45 | 42 | -6.7% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sabal Bay 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 6.7%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sabal Bay, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Sabal Bay in November 2024, up by 120.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Sabal Bay, FL
How long does it take to sell a home in Sabal Bay, FL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 116 Days | 51 Days | -55.5% |
Summary: Homes in Sabal Bay had an average of 51 days on market in Nov 2024, down by 55.5% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sabal Bay are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Sabal Bay; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
