Is Diplomat, 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, Diplomat was a Seller's Market.
Housing Prices in Diplomat, FL
How much do homes in Diplomat, FL cost?
Median Sold Price
$357,500
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Diplomat was $357,500 in April 2024, up 2.1% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $215K | 0.0% |
2 Bedrooms | $280K | $245.5K | -12.3% |
3 Bedrooms | $345K | $349.9K | +1.4% |
4 Bedrooms | $393.9K | $380K | -3.5% |
5+ Bedrooms | $518.2K | $545K | +5.2% |
Summary: Diplomat housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in Diplomat, FL
How many homes are available in Diplomat, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
312 | 331 | +6.1% |
Summary: The Diplomat real estate market had 331 homes for sale in April 2024, a 6.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 16 | 14 | -12.5% |
3 Bedrooms | 186 | 204 | +9.7% |
4 Bedrooms | 106 | 104 | -1.9% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The Diplomat 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 decreased by 12.5%, 3 bedroom homes increased by 9.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 36 | -28.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Diplomat in April 2024, down by 28.0% month-over-month. Of the 36 sold homes, 44% were sold under asking, 42% were sold at asking, and 14% were sold over asking.
Days on Market for Diplomat, FL
How long does it take to sell a home in Diplomat, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 76 Days | +1.6% |
Summary: Homes in Diplomat had an average of 76 days on market in Apr 2024, up by 1.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in Diplomat; 19% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.