$4,155 Closing Credit*
$349,900
1,542 SqFt
3 Beds
•2 Full Baths
Jennifer Dobbs, Listing Office: MIHARA & ASSOCIATES INC.
Is Summertree, 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, Summertree was a Seller's Market.
Key Takeaway
Summertree is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Summertree, FL
How much do homes in Summertree, FL cost?
Median Sold Price
$270,560
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,560(+10.4%)
Key Takeaway
Homes in Summertree have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Summertree was $270,560 in November 2024, up 10.4% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $124.7K | $123.5K | -1.0% |
| 2 Bedrooms | $191K | $190K | -0.5% |
| 3 Bedrooms | $302K | $295K | -2.3% |
| 4 Bedrooms | $414.5K | $440K | +6.2% |
| 5+ Bedrooms | $645K | - | N/A |
Summary: Summertree housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Hidden Lakes | $432.5K | $480K | +11.0% |
| Summertree | $245K | $270.5K | +10.4% |
| Verandahs / Pine Ridge at Sugar Creek | $332.5K | $315K | -5.3% |
| Moon Lake | $215K | $190K | -11.6% |
Housing Supply in Summertree, FL
How many homes are available in Summertree, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 61 | +19.6% |
Summary: The Summertree real estate market had 61 homes for sale in November 2024, a 19.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 14 | +16.7% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 20 | 25 | +25.0% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Summertree housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Summertree, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Summertree in November 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Summertree, FL
How long does it take to sell a home in Summertree, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 66 Days | 86 Days | +31.0% |
Summary: Homes in Summertree had an average of 86 days on market in Nov 2024, up by 31% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Summertree has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Summertree; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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