Is Tavernier, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Tavernier has remained a Buyer's Market.
Housing Prices in Tavernier, FL
How much do homes in Tavernier, FL cost?
Median Sold Price
$2,300,000
$1,502/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Tavernier was $2,300,000 in April 2024, up 23.3% from last month, and the median price per square foot was $1,502.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $400K | N/A |
2 Bedrooms | $582.5K | - | N/A |
3 Bedrooms | - | $9.4M | N/A |
4 Bedrooms | $6.3M | $6.1M | -3.7% |
5+ Bedrooms | $3.1M | $2.3M | -25.8% |
Summary: Tavernier housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 25.8%.
Housing Supply in Tavernier, FL
How many homes are available in Tavernier, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 37 | +12.1% |
Summary: The Tavernier real estate market had 37 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 6 | 11 | +83.3% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Tavernier housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 83.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Tavernier in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Tavernier, FL
How long does it take to sell a home in Tavernier, FL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
246 Days | 84 Days | -65.7% |
Summary: Homes in Tavernier had an average of 84 days on market in Apr 2024, down by 65.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Tavernier; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.