Is 32703, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 32703 has remained a Seller's Market.
Key Takeaway
32703 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32703, FL
How much do homes in 32703, FL cost?
Median Sold Price
$354,990
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 32703 have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in 32703 was $354,990 in April 2024, up 2.9% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $75.5K | -44.1% |
| 2 Bedrooms | $257K | $248.2K | -3.4% |
| 3 Bedrooms | $334.9K | $345K | +3.0% |
| 4 Bedrooms | $420K | $434K | +3.3% |
| 5+ Bedrooms | $550K | $539.5K | -1.9% |
Summary: 32703 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.1%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 1.9%.
Housing Supply in 32703, FL
How many homes are available in 32703, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 219 | 233 | +6.4% |
Summary: The 32703 real estate market had 233 homes for sale in April 2024, a 6.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 16 | 20 | +25.0% |
| 3 Bedrooms | 131 | 124 | -5.3% |
| 4 Bedrooms | 56 | 70 | +25.0% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 32703 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 47 | -2.1% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32703, you may be able to get a good deal. 46.8% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 32703 in April 2024, down by 2.1% month-over-month. Of the 47 sold homes, 47% were sold under asking, 34% were sold at asking, and 19% were sold over asking.
Days on Market for 32703, FL
How long does it take to sell a home in 32703, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 32 Days | +28.4% |
Summary: Homes in 32703 had an average of 32 days on market in Apr 2024, up by 28.4% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32703 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 47 homes were sold in 32703; 66% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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