Is The Vineyards, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Vineyards is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, The Vineyards was a Seller's Market.

Key Takeaway

The Vineyards is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in The Vineyards, FL

How much do homes in The Vineyards, FL cost?

Median Sold Price

$443,500

$242/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$21,500(-4.6%)

Key Takeaway

Homes in The Vineyards have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in The Vineyards was $443,500 in August 2024, down 4.6% from last year, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $382.5K$405K
+5.9%
4 $470K$460K
-2.1%
5+ $569.5K$557.5K
-2.1%

Summary: The Vineyards housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Neighborhoods

The Isles at Oasis
+8.9%
East Homestead
+7.0%
Homestead Lakes
+4.0%
The Vineyards
-4.6%

Housing Supply in The Vineyards, FL

How many homes are available in The Vineyards, FL?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
3541+17.1%

Summary: The The Vineyards real estate market had 41 homes for sale in August 2024, a 17.1% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1618
+12.5%
4 1113
+18.2%
5+ 810
+25.0%

Summary: The The Vineyards housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 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 The Vineyards, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in The Vineyards in August 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for The Vineyards, FL

How long does it take to sell a home in The Vineyards, FL?

Average Sale Time

Aug 2023Aug 2024CHANGE
40 Days37 Days-6.8%

Summary: Homes in The Vineyards had an average of 37 days on market in Aug 2024, down by 6.8% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in The Vineyards are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 5 homes were sold in The Vineyards; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

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