Is 32708, 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, 32708 has remained a Seller's Market.
Key Takeaway
32708 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32708, FL
How much do homes in 32708, FL cost?
Median Sold Price
$425,558
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 32708 have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in 32708 was $425,558 in March 2024, up 10.2% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $171K | $152.5K | -10.8% |
| 2 Bedrooms | $249.9K | $275K | +10.0% |
| 3 Bedrooms | $359.5K | $391.8K | +9.0% |
| 4 Bedrooms | $499.9K | $522.5K | +4.5% |
| 5+ Bedrooms | $643.8K | $755K | +17.3% |
Summary: 32708 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 17.3%.
Housing Supply in 32708, FL
How many homes are available in 32708, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 190 | 189 | -0.5% |
Summary: The 32708 real estate market had 189 homes for sale in March 2024, a 0.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 23 | 22 | -4.3% |
| 3 Bedrooms | 96 | 97 | +1.0% |
| 4 Bedrooms | 47 | 49 | +4.3% |
| 5+ Bedrooms | 22 | 20 | -9.1% |
Summary: The 32708 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 48 | +2.1% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32708, you may be able to get a good deal. 47.9% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in 32708 in March 2024, up by 2.1% month-over-month. Of the 48 sold homes, 48% were sold under asking, 31% were sold at asking, and 21% were sold over asking.
Days on Market for 32708, FL
How long does it take to sell a home in 32708, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 46 Days | +22.0% |
Summary: Homes in 32708 had an average of 46 days on market in Mar 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32708 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 48 homes were sold in 32708; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.