Banana Grove House Prices

Banana Grove housing prices have seen a decrease of -12.1% over the last one hundred eighty days compared to the previous twelve months. The average house price over the last six months is $851,000. Below you’ll find numerous charts and graphs breaking down real estate market trends in Banana Grove.

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Recent TrendsPrevious 180 DaysPrevious 12 Months% ChangeOver 6 Months
Average Sales Price$851,000$967,600-12.1%
Average List Price$850,962$870,377-2.2%
Sales Price vs List Price100%111%-9.9%
Avg Days on Market161414.3%
Avg Homes Sold Per Month1020.0%

Below you’ll see a comparison between the square footage and price per square foot for each Banana Grove house price over the last 180 days. Hover over a point to see more information about each home that sold.

Properties in Banana Grove can be divided into three categories: small interior square footage, average interior square footage, and the higher end of interior square footage. This data can give you a rough overview on which bucket your home may fall into with Banana Grove home prices.

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 Low EndAverage EndHigh End
Avg Sq Ft Range983 - 1052 sq ft1053 - 1361 sq ft1362 - 1815 sq ft
Avg Sold Price$711,500$1,320,000$930,000
Avg Price Per Sq Ft$699$1112$585

Data is from the previous 12 months and pulled directly from the MLS.

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The median sales price for homes in Banana Grove over the last 180 days is

$820,000 

Median List Price

$824K 

Average Days on Market

16 

Median Sq Ft

1,207 

Average Price per Sq Ft

$637 


Data is pulled directly from the MLS and is comparing the last 180 days to the previous 12 months average.

Median List Price vs Median Sold Price in Banana Grove over the last 12 months

Hover over a candlestick to see the median sales price and the median list price for any given month

Recent Homes Sold in Banana Grove

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Housing Prices in Banana Grove

# of Homes Sold

3

Median Sold Price for 2BR

$755K

Median Sold Price for 3BR

$875K 

Median Sold Price for 4+BR

$0K 

# of Condos/Townhomes Sold

1

Median Sold Price of Condos/Townhomes

$708K 

Dollar amounts are calculated based upon median values of all sold listings over the last 180 days and updated daily.

Sold Price vs Days on Market for Banana Grove Over the Previous 12 Months

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Banana Grove house prices have seen a median sales price of $820,000 over the last 180 days - a -11.8% decrease in comparison to the previous twelve months. In the same 180 days, 4 properties have closed escrow in the area, 3 of which were single family residences, and the remaining 1 of which were condos or townhomes. The single family residences in Banana Grove had an average list price of $850,962 and were on the market for 16 days on average, with a sold to list price ratio of 100% in the past 180 days. In terms of size, the median square footage for single family residences was 1207, with the average price per square foot sitting at $637. The median sold price for a three bedroom home in the area was $875,000, compared with $0 for a four bedroom. Over the last 180 days, housing prices in Banana Grove had a median sold to list price ratio for single family residences of 100%, which is -11% less compared to the past 12 months. This shows a slightly downward trend in the Banana Grove real estate market.

According to the MLS, there are currently 1 single family residences for sale in Banana Grove in addition to 1 condos and townhomes, all of which are averaging 19 days on the market. Of the single family residences, the average list price is sitting at $849,786 – -1% less than the sold prices of the past 90 days. Regarding the condos and townhomes, an average list price of $689,000 means that prices are sitting at 0.1% less compared to the past 90 days.

Banana Grove has approximately 461 households, with the average home built around around 1980. Of all of the households found in Banana Grove today, roughly 48% are married and 39% have children, with an average income of $97,371 and about 25% of residents possessing a bachelor’s degree.

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