Is Seminole, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Seminole has remained a Seller's Market.
Housing Prices in Seminole, FL
How much do homes in Seminole, FL cost?
Median Sold Price
$411,250
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Seminole was $411,250 in May 2024, up 10% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $124.9K | $139K | +11.3% |
2 Bedrooms | $280K | $300K | +7.1% |
3 Bedrooms | $454.5K | $465K | +2.3% |
4 Bedrooms | $650K | $644K | -0.9% |
5+ Bedrooms | $895K | $775K | -13.4% |
Summary: Seminole housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Cities
Seminole | $373.9K | $411.2K | +10.0% |
Saint Petersburg | $400K | $439.9K | +10.0% |
Boca Ciega | $473.8K | $476.5K | +0.6% |
Housing Supply in Seminole, FL
How many homes are available in Seminole, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
508 | 516 | +1.6% |
Summary: The Seminole real estate market had 516 homes for sale in May 2024, a 1.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 33 | 37 | +12.1% |
2 Bedrooms | 184 | 184 | 0.0% |
3 Bedrooms | 193 | 195 | +1.0% |
4 Bedrooms | 80 | 84 | +5.0% |
5+ Bedrooms | 18 | 16 | -11.1% |
Summary: The Seminole housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
96 | 96 | 0.0% |
Asking Price vs. Sold Price
55 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 96 homes were sold or pending in Seminole in May 2024, the same as the previous month. Of the 96 sold homes, 57% were sold under asking, 20% were sold at asking, and 23% were sold over asking.
Days on Market for Seminole, FL
How long does it take to sell a home in Seminole, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 39 Days | +28.0% |
Summary: Homes in Seminole had an average of 39 days on market in May 2024, up by 28% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 96 homes were sold in Seminole; 59% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.