$2,719 Closing Credit*
$229,000
1,582 SqFt
2 Beds
•2 Full Baths
Wendy Hopper, Listing Office: RE/MAX FOXFIRE - HWY200/103 S
Is Spruce Creek Preserve, 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, Spruce Creek Preserve was a Seller's Market.
Key Takeaway
Spruce Creek Preserve is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Spruce Creek Preserve, FL
How much do homes in Spruce Creek Preserve, FL cost?
Median Sold Price
$250,000
$157/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Spruce Creek Preserve has remained the same since last year.
Summary: The median home sold price in Spruce Creek Preserve was $250,000 in November 2024, the same as last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $248K | $245K | -1.2% |
| 3 Bedrooms | $254K | $285K | +12.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Spruce Creek Preserve housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 12.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Spruce Creek Preserve, FL
How many homes are available in Spruce Creek Preserve, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 28 | -6.7% |
Summary: The Spruce Creek Preserve real estate market had 28 homes for sale in November 2024, a 6.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 23 | 20 | -13.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Spruce Creek Preserve 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 decreased by 13%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Spruce Creek Preserve, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Spruce Creek Preserve in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Spruce Creek Preserve, FL
How long does it take to sell a home in Spruce Creek Preserve, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 128 Days | +333.7% |
Summary: Homes in Spruce Creek Preserve had an average of 128 days on market in Nov 2024, up by 333.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Spruce Creek Preserve are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 3 homes were sold in Spruce Creek Preserve; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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