Jose Vigo, Listing Office: RE/MAX All Keys Real Estate
Monroe County Housing Market Report December 2024•Monroe County, Florida
Housing Prices in Monroe County, FL
How much do homes in Monroe County, FL cost?
Housing Market Conditions
Is Monroe County, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Monroe County is a Buyer's Market
Difference Since November 2024
Last month, Monroe County has remained a Buyer's Market.
Monroe County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in December 2024
Homes in Monroe County have sold for 1.8% less than they did a month ago.
Summary: The median home sold price in Monroe County was $1,100,000 in December 2024, down 1.8% from last month, and the median price per square foot was $625.
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $850K | $1.1M | +36.2% |
33 Bedrooms | $1.5M | $1.1M | -27.9% |
44 Bedrooms | - | $1.9M | N/A |
55+ Bedrooms | - | - | N/A |
Summary: Monroe County housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +36.2%. The home price for 3 bedroom homes decreased by -27.9%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Monroe County, FL
How many homes are available in Monroe County, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
274Last MonthDec 2024 | ||
2572 months agoNov 2024 | +6.6 % Change MoMNov – Dec |
Summary: The Monroe County real estate market had 274 homes for sale in Dec 2024, a 6.6 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
12Last MonthDec 2024 | ||
112 months agoNov 2024 | +9.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 8 | 8 | 0.0% |
22 Bedrooms | 62 | 65 | +4.8% |
33 Bedrooms | 119 | 129 | +8.4% |
44 Bedrooms | 39 | 42 | +7.7% |
55+ Bedrooms | 29 | 30 | +3.4% |
Summary: Monroe County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +4.8%. The inventory for 3 bedroom homes increased by +8.4%. The inventory for 4 bedroom homes increased by +7.7%. The inventory for 5 bedroom homes increased by +3.4%.
Asking Price vs. Sold Price
How much do homes in Monroe County, FL cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price10 Homes
If you're buying a home in Monroe County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Monroe County in December 2024, up by 9.1% month-over-month. Of the 12 sold homes, 83% were sold under asking, 17% were sold at asking, and and 0% were sold over asking.
Days on Market for Monroe County, FL
How long does it take to sell a home in Monroe County, FL?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days4 Homes
Over 90 Days6 Homes
Most homes in Monroe County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 12 homes were sold in Monroe County; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
90 DaysLast MonthDec 2024 | ||
110 Days1 month agoNov 2024 | -18.2 % Change MoMNov – Dec |
Summary: Homes in Monroe County had an average listing age of 90 days in Dec 2024, down by 18.2% compared to the previous month.
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Newest Listings in Monroe County, FL
What homes are available in Monroe County, FL?
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MLS Disclaimers and Copyright
Based on information from Miami MLS, Beaches MLS, Stellar MLS, Florida Gulf Coast MLS, and Space Coast MLS for the period 11/01/2024 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.