Is Altamonte Springs, 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, Altamonte Springs was a Seller's Market.
Housing Prices in Altamonte Springs, FL
How much do homes in Altamonte Springs, FL cost?
Median Sold Price
$269,900
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Altamonte Springs was $269,900 in April 2024, up 13.1% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140.2K | $147.5K | +5.2% |
2 Bedrooms | $195K | $195.4K | 0.3% |
3 Bedrooms | $325.9K | $335.3K | +2.9% |
4 Bedrooms | $448K | $434.9K | -2.9% |
5+ Bedrooms | $506K | $617.5K | +22.0% |
Summary: Altamonte Springs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 22%.
Median Sold Price Compared To Nearby Cities
Altamonte Springs | $238.6K | $269.9K | +13.1% |
Casselberry | $320K | $342.6K | +7.1% |
Casselberry-Altamonte Springs | $354.5K | $368.6K | +4.0% |
Maitland | $465K | $456.2K | -1.9% |
Housing Supply in Altamonte Springs, FL
How many homes are available in Altamonte Springs, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
320 | 334 | +4.4% |
Summary: The Altamonte Springs real estate market had 334 homes for sale in April 2024, a 4.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 62 | 69 | +11.3% |
2 Bedrooms | 97 | 103 | +6.2% |
3 Bedrooms | 122 | 120 | -1.6% |
4 Bedrooms | 33 | 33 | 0.0% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Altamonte Springs housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 45 | -18.2% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Altamonte Springs in April 2024, down by 18.2% month-over-month. Of the 45 sold homes, 62% were sold under asking, 24% were sold at asking, and 13% were sold over asking.
Days on Market for Altamonte Springs, FL
How long does it take to sell a home in Altamonte Springs, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 39 Days | +50.7% |
Summary: Homes in Altamonte Springs had an average of 39 days on market in Apr 2024, up by 50.7% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in Altamonte Springs; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.