Is Solterra Resort, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Solterra Resort is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Solterra Resort has remained a Buyer's Market.

Key Takeaway

Solterra Resort is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Solterra Resort, FL

How much do homes in Solterra Resort, FL cost?

Median Sold Price

$534,645

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$85,355(-13.8%)

Key Takeaway

Homes in Solterra Resort have sold for 13.8% less than they did a year ago.

Summary: The median home sold price in Solterra Resort was $534,645 in December 2024, down 13.8% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $432.2K$458K
+6.0%
5+ $625K$545K
-12.8%

Summary: Solterra Resort housing prices by bedroom type for December 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 did not change, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 12.8%.

Median Sold Price Compared To Nearby Neighborhoods

Sunridge Woods
-3.8%
Solterra Resort
-13.8%

Housing Supply in Solterra Resort, FL

How many homes are available in Solterra Resort, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4851+6.3%

Summary: The Solterra Resort real estate market had 51 homes for sale in December 2024, a 6.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 89
+12.5%
5+ 4042
+5.0%

Summary: The Solterra Resort housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 5%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Solterra Resort, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Solterra Resort in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Solterra Resort, FL

How long does it take to sell a home in Solterra Resort, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
255 Days109 Days-57.0%

Summary: Homes in Solterra Resort had an average of 109 days on market in Dec 2024, down by 57% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Solterra Resort has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Solterra Resort; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 7 Days Ago

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