Is Sanlando Springs, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sanlando Springs is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Sanlando Springs has remained a Seller's Market.

Key Takeaway

Sanlando Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sanlando Springs, FL

How much do homes in Sanlando Springs, FL cost?

Median Sold Price

$490,000

$231/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$40,000(+8.9%)

Key Takeaway

Homes in Sanlando Springs have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Sanlando Springs was $490,000 in September 2024, up 8.9% from last year, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 $415K$462.7K
+11.5%
4 $522.5K$501.2K
-4.1%
5+ $640K$750K
+17.2%

Summary: Sanlando Springs housing prices by bedroom type for September 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 11.5%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 17.2%.

Housing Supply in Sanlando Springs, FL

How many homes are available in Sanlando Springs, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
25250.0%

Summary: The Sanlando Springs real estate market had 25 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 87
-12.5%
4 1212
0.0%
5+ 56
+20.0%

Summary: The Sanlando Springs housing inventory by bedroom type for September 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 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sanlando Springs, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Sanlando Springs in September 2024, up by 250.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Sanlando Springs, FL

How long does it take to sell a home in Sanlando Springs, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
39 Days27 Days-30.2%

Summary: Homes in Sanlando Springs had an average of 27 days on market in Sep 2024, down by 30.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 7 homes were sold in Sanlando Springs; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

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