$10,500,000
5,086 SqFt
5 Beds
•5 Full Baths, 2 Partial
Linda Blackwell, Listing Office: Keller Williams Realty Jupiter
Is Tequesta, 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, Tequesta was a Seller's Market.
Key Takeaway
Tequesta is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tequesta, FL
How much do homes in Tequesta, FL cost?
Median Sold Price
$850,000
$474/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$233,000(+37.8%)
Key Takeaway
Homes in Tequesta have sold for 37.8% more than they did a year ago.
Summary: The median home sold price in Tequesta was $850,000 in November 2024, up 37.8% from last year, and the median price per square foot was $474.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $225K | -18.2% |
| 2 Bedrooms | $322K | $324.5K | +0.8% |
| 3 Bedrooms | $755K | $870K | +15.2% |
| 4 Bedrooms | $932.5K | $1.2M | +35.9% |
| 5+ Bedrooms | $3.0M | $8.1M | +172.3% |
Summary: Tequesta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes increased by 172.3%.
Median Sold Price Compared To Nearby Cities
| Tequesta | $617K | $850K | +37.8% |
| Jupiter | $689.7K | $756.3K | +9.7% |
| Port Salerno-Hobe Sound | $474.9K | $498.8K | +5.0% |
Housing Supply in Tequesta, FL
How many homes are available in Tequesta, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 80 | +5.3% |
Summary: The Tequesta real estate market had 80 homes for sale in November 2024, a 5.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 26 | 29 | +11.5% |
| 3 Bedrooms | 36 | 34 | -5.6% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Tequesta 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 increased by 11.5%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
3 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 Tequesta, 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 Tequesta in November 2024, down by 60.0% month-over-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 Tequesta, FL
How long does it take to sell a home in Tequesta, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 147 Days | +310.9% |
Summary: Homes in Tequesta had an average of 147 days on market in Nov 2024, up by 310.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tequesta are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Tequesta; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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