Is 32931, 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, 32931 has remained a Seller's Market.
Key Takeaway
32931 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32931, FL
How much do homes in 32931, FL cost?
Median Sold Price
$488,750
$351/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 32931 have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in 32931 was $488,750 in March 2024, down 3.7% from last year, and the median price per square foot was $351.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | $237.6K | 0.0% |
| 2 Bedrooms | $390K | $380K | -2.6% |
| 3 Bedrooms | $645K | $670K | +3.9% |
| 4 Bedrooms | $925K | $1.0M | +11.8% |
| 5+ Bedrooms | $1.0M | $1.7M | +65.1% |
Summary: 32931 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 decreased by 2.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 65.1%.
Median Sold Price Compared To Nearby Zip Codes
| 32920 | $334.7K | $355K | +6.0% |
| 32931 | $507.5K | $488.7K | -3.7% |
Housing Supply in 32931, FL
How many homes are available in 32931, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 253 | 278 | +9.9% |
Summary: The 32931 real estate market had 278 homes for sale in March 2024, a 9.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 27 | +8.0% |
| 2 Bedrooms | 117 | 122 | +4.3% |
| 3 Bedrooms | 77 | 90 | +16.9% |
| 4 Bedrooms | 23 | 23 | 0.0% |
| 5+ Bedrooms | 11 | 16 | +45.5% |
Summary: The 32931 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 16.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 45.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 51 | +70.0% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32931, you may be able to get a good deal. 80.4% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in 32931 in March 2024, up by 70.0% month-over-month. Of the 51 sold homes, 80% were sold under asking, 12% were sold at asking, and 8% were sold over asking.
Days on Market for 32931, FL
How long does it take to sell a home in 32931, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 80 Days | +26.6% |
Summary: Homes in 32931 had an average of 80 days on market in Mar 2024, up by 26.6% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32931 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 51 homes were sold in 32931; 45% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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