$10,000 Closing Credit*
$1,225,000
1,635 SqFt
3 Beds
•2 Full Baths
Lesley Garlock, Listing Office: William Raveis Real Estate
Is Vanderbilt Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Vanderbilt Beach has remained a Buyer's Market.
Key Takeaway
Vanderbilt Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Vanderbilt Beach, FL
How much do homes in Vanderbilt Beach, FL cost?
Median Sold Price
$1,772,500
$998/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$197,500(+12.5%)
Key Takeaway
Homes in Vanderbilt Beach have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Vanderbilt Beach was $1,772,500 in October 2024, up 12.5% from last year, and the median price per square foot was $998.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $485K | N/A |
| 2 Bedrooms | $1.4M | $1.1M | -20.0% |
| 3 Bedrooms | $1.5M | $2.1M | +37.5% |
| 4 Bedrooms | $3.8M | $5.0M | +33.4% |
| 5+ Bedrooms | - | $6.2M | N/A |
Summary: Vanderbilt Beach housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 33.4%, and 5+ bedroom homes did not change.
Housing Supply in Vanderbilt Beach, FL
How many homes are available in Vanderbilt Beach, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 52 | +6.1% |
Summary: The Vanderbilt Beach real estate market had 52 homes for sale in October 2024, a 6.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Vanderbilt Beach housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vanderbilt Beach, 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 Vanderbilt Beach in October 2024, the same as the previous 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 Vanderbilt Beach, FL
How long does it take to sell a home in Vanderbilt Beach, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 83 Days | +697.6% |
Summary: Homes in Vanderbilt Beach had an average of 83 days on market in Oct 2024, up by 697.6% compared to last year.
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
Key Takeaway
Most homes in Vanderbilt Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in Vanderbilt Beach; 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.
