Is South Golden Glades, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Golden Glades is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, South Golden Glades was a Seller's Market.

Key Takeaway

South Golden Glades 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 South Golden Glades, FL

How much do homes in South Golden Glades, FL cost?

Median Sold Price

$472,000

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,500(+6.9%)

Key Takeaway

Homes in South Golden Glades have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in South Golden Glades was $472,000 in October 2024, up 6.9% from last year, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $230K-
N/A
2 $340K$375K
+10.3%
3 $445K$469K
+5.4%
4 $495K$519K
+4.8%
5+ $495K$544.9K
+10.1%

Summary: South Golden Glades 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 increased by 10.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 10.1%.

Median Sold Price Compared To Nearby Neighborhoods

Sunkist Grove
+10.3%
South Golden Glades
+6.9%

Housing Supply in South Golden Glades, FL

How many homes are available in South Golden Glades, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3432-5.9%

Summary: The South Golden Glades real estate market had 32 homes for sale in October 2024, a 5.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 1212
0.0%
4 85
-37.5%
5+ 76
-14.3%

Summary: The South Golden Glades 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 increased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Golden Glades, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in South Golden Glades in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for South Golden Glades, FL

How long does it take to sell a home in South Golden Glades, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days39 Days-43.2%

Summary: Homes in South Golden Glades had an average of 39 days on market in Oct 2024, down by 43.2% compared to last year.

Breakdown of Home Sale Times

3 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 South Golden Glades are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in South Golden Glades; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

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