Is 32408, 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, 32408 was a Seller's Market.
Housing Prices in 32408, FL
How much do homes in 32408, FL cost?
Median Sold Price
$439,416
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 32408 was $439,416 in March 2024, up 0.6% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $350K | 0.0% |
2 Bedrooms | $425K | $430K | +1.2% |
3 Bedrooms | $495K | $477.6K | -3.5% |
4 Bedrooms | $640K | $660K | +3.1% |
5+ Bedrooms | $922.5K | $1.3M | +46.4% |
Summary: 32408 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 increased by 1.2%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 46.4%.
Median Sold Price Compared To Nearby Zip Codes
32407 | $434.7K | $445K | +2.3% |
32408 | $436.6K | $439.4K | +0.6% |
Housing Supply in 32408, FL
How many homes are available in 32408, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
756 | 823 | +8.9% |
Summary: The 32408 real estate market had 823 homes for sale in March 2024, a 8.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 184 | 214 | +16.3% |
2 Bedrooms | 249 | 268 | +7.6% |
3 Bedrooms | 208 | 219 | +5.3% |
4 Bedrooms | 72 | 78 | +8.3% |
5+ Bedrooms | 43 | 44 | +2.3% |
Summary: The 32408 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 2.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 66 | +26.9% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 66 homes were sold or pending in 32408 in March 2024, up by 26.9% month-over-month. Of the 66 sold homes, 77% were sold under asking, 21% were sold at asking, and 2% were sold over asking.
Days on Market for 32408, FL
How long does it take to sell a home in 32408, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
74 Days | 98 Days | +31.3% |
Summary: Homes in 32408 had an average of 98 days on market in Mar 2024, up by 31.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
31 Homes Were Sold
Over 90 Days
Summary: During March 2024, 66 homes were sold in 32408; 35% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.