Is 32608, 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, 32608 was a Seller's Market.
Key Takeaway
32608 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32608, FL
How much do homes in 32608, FL cost?
Median Sold Price
$350,312
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 32608 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 32608 was $350,312 in March 2024, up 1% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $129.7K | $130.5K | +0.6% |
| 2 Bedrooms | $168K | $175.5K | +4.5% |
| 3 Bedrooms | $370K | $374.9K | +1.4% |
| 4 Bedrooms | $524.8K | $475K | -9.5% |
| 5+ Bedrooms | $825K | $592.7K | -28.2% |
Summary: 32608 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes decreased by 28.2%.
Housing Supply in 32608, FL
How many homes are available in 32608, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 316 | 355 | +12.3% |
Summary: The 32608 real estate market had 355 homes for sale in March 2024, a 12.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 23 | 25 | +8.7% |
| 2 Bedrooms | 83 | 101 | +21.7% |
| 3 Bedrooms | 82 | 92 | +12.2% |
| 4 Bedrooms | 96 | 106 | +10.4% |
| 5+ Bedrooms | 32 | 31 | -3.1% |
Summary: The 32608 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 3.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 46 | 45 | -2.2% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32608, you may be able to get a good deal. 82.2% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in 32608 in March 2024, down by 2.2% month-over-month. Of the 45 sold homes, 82% were sold under asking, 13% were sold at asking, and 4% were sold over asking.
Days on Market for 32608, FL
How long does it take to sell a home in 32608, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 56 Days | +44.9% |
Summary: Homes in 32608 had an average of 56 days on market in Mar 2024, up by 44.9% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32608 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 45 homes were sold in 32608; 62% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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