Is Spruce Creek Preserve, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spruce Creek Preserve is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Spruce Creek Preserve was a Seller's Market.

Key Takeaway

Spruce Creek Preserve 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 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 October 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 October 2024, the same as last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $248.9K$245K
-1.6%
3 $254K$285K
+12.2%
4 --
N/A
5+ --
N/A

Summary: Spruce Creek Preserve 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 1.6%, 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

Sep 2024Oct 2024CHANGE
2427+12.5%

Summary: The Spruce Creek Preserve real estate market had 27 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2120
-4.8%
3 37
+133.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Spruce Creek Preserve 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 4.8%, 3 bedroom homes increased by 133.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Spruce Creek Preserve, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Spruce Creek Preserve in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% 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

Oct 2023Oct 2024CHANGE
5 Days69 Days+1280.0%

Summary: Homes in Spruce Creek Preserve had an average of 69 days on market in Oct 2024, up by 1280% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Spruce Creek Preserve has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Spruce Creek Preserve; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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