Is TownCenter East, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing TownCenter East is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, TownCenter East was a Buyer's Market.

Key Takeaway

TownCenter East is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in TownCenter East, FL

How much do homes in TownCenter East, FL cost?

Median Sold Price

$254,750

$180/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$213,250(-45.6%)

Key Takeaway

Homes in TownCenter East have sold for 45.6% less than they did a month ago.

Summary: The median home sold price in TownCenter East was $254,750 in November 2024, down 45.6% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$209.7K
N/A
3 -$295K
N/A
4 $416K$420K
+1.0%
5+ $520K-
N/A

Summary: TownCenter East housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 1%, and 5+ bedroom homes did not change.

Housing Supply in TownCenter East, FL

How many homes are available in TownCenter East, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2023+15.0%

Summary: The TownCenter East real estate market had 23 homes for sale in November 2024, a 15.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 66
0.0%
4 68
+33.3%
5+ 34
+33.3%

Summary: The TownCenter East 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 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in TownCenter East, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in TownCenter East in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for TownCenter East, FL

How long does it take to sell a home in TownCenter East, FL?

Average Sale Time

Oct 2024Nov 2024CHANGE
42 Days105 Days+151.8%

Summary: Homes in TownCenter East had an average of 105 days on market in Nov 2024, up by 151.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in TownCenter East are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in TownCenter East; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 4 Days Ago

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