Cutler Ridge Housing Market Report January 2025•Miami-Dade County, Florida

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Housing Prices in Cutler Ridge, FL

How much do homes in Cutler Ridge, FL cost?

Housing Market Conditions

Is Cutler Ridge, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Cutler Ridge is a Neutral Market

Difference Since January 2024

At the same time last year, Cutler Ridge was a Seller's Market.

Insight

Cutler Ridge is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$600,000$362/SqFt
+$42,500
+7.6%

Based on all homes sold in the last 12 months

Insight

Homes in Cutler Ridge have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Cutler Ridge was $600,000 in January 2025, up 7.6% from last year, and the median price per square foot was $362.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Cutler Ridge
+7.6%
South Coral Homes
+2.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$180K$175K
-2.8%
2$245K$357.5K
+45.9%
3$547K$585K
+6.9%
4$580K$629K
+8.4%
5$572.5K$695K
+21.4%

Summary: Cutler Ridge housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -2.8%. The home price for 2 bedroom homes increased by +45.9%. The home price for 3 bedroom homes increased by +6.9%. The home price for 4 bedroom homes increased by +8.4%. The home price for 5 bedroom homes increased by +21.4%.

Housing supply in Cutler Ridge, FL

How many homes are available in Cutler Ridge, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
81Last MonthJan 2025
712 months agoDec 2024
+14.1 %
Change MoMDec – Jan

Summary: The Cutler Ridge real estate market had 81 homes for sale in Jan 2025, a 14.1 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
12Last MonthJan 2025
142 months agoDec 2024
-14.3 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
111
0.0%
259
+80.0%
33643
+19.4%
42223
+4.5%
575
-28.6%

Summary: Cutler Ridge housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +80.0%. The inventory for 3 bedroom homes increased by +19.4%. The inventory for 4 bedroom homes increased by +4.5%. The inventory for 5 bedroom homes decreased by -28.6%.

Asking Price vs. Sold Price

How much do homes in Cutler Ridge, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price1 Home

Under Asking Price8 Homes

Insight

If you're buying a home in Cutler Ridge, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Cutler Ridge in January 2025, down by 14.3% month-over-month. Of the 12 sold homes, 67% were sold under asking, 8% were sold at asking, and and 25% were sold over asking.

Days on Market for Cutler Ridge, FL

How long does it take to sell a home in Cutler Ridge, FL?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days7 Homes

Over 90 Days2 Homes

Insight

Avg time on Rocket Homes in Cutler Ridge has remained consistent over time.

Summary: During January 2025, 12 homes were sold in Cutler Ridge; 25% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
64 DaysThis YearJan 2025
22 Days1 year agoJan 2024
+182.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Cutler Ridge had an average listing age of 64 days in Jan 2025, up by 182.3% compared to the previous year.

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Newest Listings in Cutler Ridge, FL

What homes are available in Cutler Ridge, FL?

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MLS Disclaimers and Copyright

Based on information from Miami MLS, for the period 02/01/2023 - 02/01/2025

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.