Is 32407, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 32407 was a Neutral Market.
Housing Prices in 32407, FL
How much do homes in 32407, FL cost?
Median Sold Price
$456,266
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 32407 was $456,266 in February 2024, up 8.8% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $332.5K | -5.0% |
2 Bedrooms | $365K | $365.6K | 0.2% |
3 Bedrooms | $410K | $435K | +6.1% |
4 Bedrooms | $588.4K | $605.1K | +2.8% |
5+ Bedrooms | $664.1K | $690K | +3.9% |
Summary: 32407 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 3.9%.
Housing Supply in 32407, FL
How many homes are available in 32407, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
446 | 503 | +12.8% |
Summary: The 32407 real estate market had 503 homes for sale in February 2024, a 12.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 44 | 44 | 0.0% |
2 Bedrooms | 165 | 181 | +9.7% |
3 Bedrooms | 155 | 180 | +16.1% |
4 Bedrooms | 64 | 77 | +20.3% |
5+ Bedrooms | 18 | 21 | +16.7% |
Summary: The 32407 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
25 | 49 | +96.0% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in 32407 in February 2024, up by 96.0% month-over-month. Of the 49 sold homes, 67% were sold under asking, 27% were sold at asking, and 6% were sold over asking.
Days on Market for 32407, FL
How long does it take to sell a home in 32407, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
78 Days | 63 Days | -19.4% |
Summary: Homes in 32407 had an average of 63 days on market in Feb 2024, down by 19.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During February 2024, 49 homes were sold in 32407; 39% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.