$10,000 Closing Credit*
$1,899,900
1,926 SqFt
3 Beds
•3 Full Baths
Tammy Brophy Wenzel, Listing Office: BROPHY REAL ESTATE
Is Shore Acres, 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, Shore Acres was a Seller's Market.
Key Takeaway
Shore Acres is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Shore Acres, FL
How much do homes in Shore Acres, FL cost?
Median Sold Price
$445,200
$324/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$114,800(-20.5%)
Key Takeaway
Homes in Shore Acres have sold for 20.5% less than they did a year ago.
Summary: The median home sold price in Shore Acres was $445,200 in November 2024, down 20.5% from last year, and the median price per square foot was $324.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.5K | $175K | -4.1% |
| 2 Bedrooms | $345K | $310K | -10.1% |
| 3 Bedrooms | $552.5K | $451K | -18.4% |
| 4 Bedrooms | $840K | $597K | -28.9% |
| 5+ Bedrooms | $1.3M | $4.2M | +204.3% |
Summary: Shore Acres housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes decreased by 10.1%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes decreased by 28.9%, and 5+ bedroom homes increased by 204.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Venetian Isles | $1.5M | $1.5M | -1.5% |
| Shore Acres | $560K | $445.2K | -20.5% |
Housing Supply in Shore Acres, FL
How many homes are available in Shore Acres, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 116 | 166 | +43.1% |
Summary: The Shore Acres real estate market had 166 homes for sale in November 2024, a 43.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 16 | 28 | +75.0% |
| 3 Bedrooms | 64 | 92 | +43.8% |
| 4 Bedrooms | 28 | 36 | +28.6% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Shore Acres 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 increased by 75%, 3 bedroom homes increased by 43.8%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 23 | +109.1% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shore Acres, you may be able to get a good deal. 82.6% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Shore Acres in November 2024, up by 109.1% month-over-month. Of the 23 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Shore Acres, FL
How long does it take to sell a home in Shore Acres, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 17 Days | -2.8% |
Summary: Homes in Shore Acres had an average of 17 days on market in Nov 2024, down by 2.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Shore Acres are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 23 homes were sold in Shore Acres; 78% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.