Is Sugar Pond Manor, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugar Pond Manor is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Sugar Pond Manor has remained a Seller's Market.

Key Takeaway

Sugar Pond Manor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sugar Pond Manor, FL

How much do homes in Sugar Pond Manor, FL cost?

Median Sold Price

$615,000

$307/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+1.7%)

Key Takeaway

Homes in Sugar Pond Manor have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Sugar Pond Manor was $615,000 in November 2024, up 1.7% from last year, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $337.5K$352K
+4.3%
3 $567.5K$587.4K
+3.5%
4 $635K$662.5K
+4.3%
5+ $760K$730K
-3.9%

Summary: Sugar Pond Manor 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 increased by 4.3%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 3.9%.

Median Sold Price Compared To Nearby Neighborhoods

Paddock Park
+9.6%
Sugar Pond Manor
+1.7%

Housing Supply in Sugar Pond Manor, FL

How many homes are available in Sugar Pond Manor, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2526+4.0%

Summary: The Sugar Pond Manor real estate market had 26 homes for sale in November 2024, a 4.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1313
0.0%
4 78
+14.3%
5+ 44
0.0%

Summary: The Sugar Pond Manor 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
28+300.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 8 homes were sold or pending in Sugar Pond Manor in November 2024, up by 300.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Sugar Pond Manor, FL

How long does it take to sell a home in Sugar Pond Manor, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days43 Days+89.7%

Summary: Homes in Sugar Pond Manor had an average of 43 days on market in Nov 2024, up by 89.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 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 Sugar Pond Manor has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Sugar Pond Manor; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

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