Is Tequesta, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Tequesta was a Seller's Market.
Housing Prices in Tequesta, FL
How much do homes in Tequesta, FL cost?
Median Sold Price
$727,000
$432/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tequesta was $727,000 in April 2024, up 3.9% from last year, and the median price per square foot was $432.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $270K | +1.9% |
2 Bedrooms | $295K | $335K | +13.6% |
3 Bedrooms | $740K | $790K | +6.8% |
4 Bedrooms | $1.0M | $1.1M | +11.9% |
5+ Bedrooms | $5.6M | $6.4M | +14.6% |
Summary: Tequesta housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 14.6%.
Median Sold Price Compared To Nearby Cities
Port Salerno-Hobe Sound | $445K | $498.4K | +12.0% |
Jupiter | $675.2K | $737.5K | +9.2% |
Tequesta | $700K | $727K | +3.9% |
Housing Supply in Tequesta, FL
How many homes are available in Tequesta, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
106 | 112 | +5.7% |
Summary: The Tequesta real estate market had 112 homes for sale in April 2024, a 5.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 27 | 33 | +22.2% |
3 Bedrooms | 53 | 53 | 0.0% |
4 Bedrooms | 22 | 22 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Tequesta housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Tequesta in April 2024, down by 7.7% month-over-month. Of the 12 sold homes, 83% were sold under asking, 8% were sold at asking, and 8% were sold over asking.
Days on Market for Tequesta, FL
How long does it take to sell a home in Tequesta, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 34 Days | -10.8% |
Summary: Homes in Tequesta had an average of 34 days on market in Apr 2024, down by 10.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Tequesta; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.