$3,086 Closing Credit*
$259,900
1,296 SqFt
2 Beds
•2 Full Baths
Brenda Perry, Listing Office: KELLER WILLIAMS CORNERSTONE RE
Is Spruce Creek South, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Spruce Creek South has remained a Seller's Market.
Key Takeaway
Spruce Creek South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Spruce Creek South, FL
How much do homes in Spruce Creek South, FL cost?
Median Sold Price
$237,900
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,600(-1.9%)
Key Takeaway
Homes in Spruce Creek South have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Spruce Creek South was $237,900 in October 2024, down 1.9% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $239K | $235K | -1.7% |
| 3 Bedrooms | $259K | $255K | -1.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Spruce Creek South 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 1.7%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Spruce Creek South, FL
How many homes are available in Spruce Creek South, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 53 | +8.2% |
Summary: The Spruce Creek South real estate market had 53 homes for sale in October 2024, a 8.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 37 | 40 | +8.1% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Spruce Creek South 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 8.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 14 | +133.3% |
Asking Price vs. Sold Price
10 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 Spruce Creek South, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Spruce Creek South in October 2024, up by 133.3% month-over-month. Of the 14 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Spruce Creek South, FL
How long does it take to sell a home in Spruce Creek South, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 51 Days | -11.1% |
Summary: Homes in Spruce Creek South had an average of 51 days on market in Oct 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Spruce Creek South are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Spruce Creek South; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% 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.