$4,156 Closing Credit*
$350,000
1,811 SqFt
3 Beds
•2 Full Baths, 1 Partial
Dana Long, Listing Office: EXP REALTY LLC
Is Verandahs / Pine Ridge at Sugar Creek, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Verandahs / Pine Ridge at Sugar Creek was a Seller's Market.
Key Takeaway
Verandahs / Pine Ridge at Sugar Creek is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Verandahs / Pine Ridge at Sugar Creek, FL
How much do homes in Verandahs / Pine Ridge at Sugar Creek, FL cost?
Median Sold Price
$325,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-1.5%)
Key Takeaway
Homes in Verandahs / Pine Ridge at Sugar Creek have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Verandahs / Pine Ridge at Sugar Creek was $325,000 in October 2024, down 1.5% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $155K | +10.7% |
| 3 Bedrooms | $285K | $293K | +2.8% |
| 4 Bedrooms | $370K | $357.5K | -3.4% |
| 5+ Bedrooms | $364.9K | $352.5K | -3.4% |
Summary: Verandahs / Pine Ridge at Sugar Creek 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 increased by 10.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Meadow Oaks | $271.2K | $297.7K | +9.8% |
| Verandahs / Pine Ridge at Sugar Creek | $330K | $325K | -1.5% |
| Quail Ridge | $397.2K | $384.9K | -3.1% |
| Lakeside | $379.9K | $359.9K | -5.3% |
Housing Supply in Verandahs / Pine Ridge at Sugar Creek, FL
How many homes are available in Verandahs / Pine Ridge at Sugar Creek, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Summary: The Verandahs / Pine Ridge at Sugar Creek real estate market had 30 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Verandahs / Pine Ridge at Sugar Creek 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 decreased by 50%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 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 Verandahs / Pine Ridge at Sugar Creek, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Verandahs / Pine Ridge at Sugar Creek in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Verandahs / Pine Ridge at Sugar Creek, FL
How long does it take to sell a home in Verandahs / Pine Ridge at Sugar Creek, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 58 Days | +155.1% |
Summary: Homes in Verandahs / Pine Ridge at Sugar Creek had an average of 58 days on market in Oct 2024, up by 155.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Verandahs / Pine Ridge at Sugar Creek has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Verandahs / Pine Ridge at Sugar Creek; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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