Is 32118, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 32118 was a Neutral Market.
Housing Prices in 32118, FL
How much do homes in 32118, FL cost?
Median Sold Price
$333,975
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 32118 was $333,975 in March 2024, up 4.8% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $194K | $160K | -17.5% |
2 Bedrooms | $323.5K | $308.7K | -4.6% |
3 Bedrooms | $488.2K | $555K | +13.7% |
4 Bedrooms | $482.4K | $559.5K | +16.0% |
5+ Bedrooms | $1.2M | $1.3M | +7.8% |
Summary: 32118 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.5%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in 32118, FL
How many homes are available in 32118, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
278 | 319 | +14.7% |
Summary: The 32118 real estate market had 319 homes for sale in March 2024, a 14.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 73 | 81 | +11.0% |
2 Bedrooms | 111 | 134 | +20.7% |
3 Bedrooms | 69 | 78 | +13.0% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 32118 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 32118 in March 2024, up by 5.0% month-over-month. Of the 21 sold homes, 71% were sold under asking, 24% were sold at asking, and 5% were sold over asking.
Days on Market for 32118, FL
How long does it take to sell a home in 32118, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 91 Days | +99.2% |
Summary: Homes in 32118 had an average of 91 days on market in Mar 2024, up by 99.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 32118; 24% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.