Is 32218, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 32218 has remained a Seller's Market.
Key Takeaway
32218 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32218, FL
How much do homes in 32218, FL cost?
Median Sold Price
$300,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in 32218 has remained the same since last year.
Summary: The median home sold price in 32218 was $300,000 in March 2024, up 0.1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | - | N/A |
| 2 Bedrooms | $229.8K | $194.8K | -15.2% |
| 3 Bedrooms | $273.6K | $273.5K | -0.1% |
| 4 Bedrooms | $364.2K | $344.9K | -5.3% |
| 5+ Bedrooms | $445K | $391.9K | -11.9% |
Summary: 32218 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.2%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 11.9%.
Housing Supply in 32218, FL
How many homes are available in 32218, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 359 | 357 | -0.6% |
Summary: The 32218 real estate market had 357 homes for sale in March 2024, a 0.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 200 | 190 | -5.0% |
| 4 Bedrooms | 119 | 129 | +8.4% |
| 5+ Bedrooms | 24 | 24 | 0.0% |
Summary: The 32218 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 75 | 68 | -9.3% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32218, you may be able to get a good deal. 55.9% of homes here sold below asking price last month.
Summary: A total of 68 homes were sold or pending in 32218 in March 2024, down by 9.3% month-over-month. Of the 68 sold homes, 56% were sold under asking, 37% were sold at asking, and 7% were sold over asking.
Days on Market for 32218, FL
How long does it take to sell a home in 32218, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 77 Days | +29.8% |
Summary: Homes in 32218 had an average of 77 days on market in Mar 2024, up by 29.8% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32218 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 68 homes were sold in 32218; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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