$3,027 Closing Credit*
$254,900
1,566 SqFt
3 Beds
•2 Full Baths
Martha Ridgway, Listing Office: COLDWELL BANKER VANGUARD EDGE
Is Scottish Highlands, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Scottish Highlands was a Seller's Market.
Key Takeaway
Scottish Highlands is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Scottish Highlands, FL
How much do homes in Scottish Highlands, FL cost?
Median Sold Price
$216,500
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,500(-5.9%)
Key Takeaway
Homes in Scottish Highlands have sold for 5.9% less than they did a year ago.
Summary: The median home sold price in Scottish Highlands was $216,500 in October 2024, down 5.9% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $212.5K | -5.6% |
| 3 Bedrooms | $240.5K | $225K | -6.4% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Scottish Highlands 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 5.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Scottish Highlands, FL
How many homes are available in Scottish Highlands, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 25 | -7.4% |
Summary: The Scottish Highlands real estate market had 25 homes for sale in October 2024, a 7.4% 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 | 23 | 20 | -13.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Scottish Highlands 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 decreased by 13%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 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 Scottish Highlands, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Scottish Highlands in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Scottish Highlands, FL
How long does it take to sell a home in Scottish Highlands, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 64 Days | +43.9% |
Summary: Homes in Scottish Highlands had an average of 64 days on market in Oct 2024, up by 43.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Scottish Highlands has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Scottish Highlands; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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