Is 32963, 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, 32963 was a Neutral Market.
Key Takeaway
32963 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32963, FL
How much do homes in 32963, FL cost?
Median Sold Price
$1,200,000
$518/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 32963 have sold for 9.7% less than they did a year ago.
Summary: The median home sold price in 32963 was $1,200,000 in March 2024, down 9.7% from last year, and the median price per square foot was $518.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $3.2M | - | N/A |
| 2 Bedrooms | $645K | $775K | +20.2% |
| 3 Bedrooms | $1.3M | $1.1M | -16.1% |
| 4 Bedrooms | $1.5M | $2.1M | +36.5% |
| 5+ Bedrooms | $2.8M | $2.0M | -30.4% |
Summary: 32963 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 20.2%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes increased by 36.5%, and 5+ bedroom homes decreased by 30.4%.
Housing Supply in 32963, FL
How many homes are available in 32963, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 267 | 299 | +12.0% |
Summary: The 32963 real estate market had 299 homes for sale in March 2024, a 12.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 62 | 69 | +11.3% |
| 3 Bedrooms | 126 | 142 | +12.7% |
| 4 Bedrooms | 55 | 62 | +12.7% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The 32963 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 32963, you may be able to get a good deal. 88% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 32963 in March 2024, the same as the previous month. Of the 25 sold homes, 88% were sold under asking, 8% were sold at asking, and 4% were sold over asking.
Days on Market for 32963, FL
How long does it take to sell a home in 32963, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 75 Days | 103 Days | +36.0% |
Summary: Homes in 32963 had an average of 103 days on market in Mar 2024, up by 36% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32963 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 25 homes were sold in 32963; 40% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 36% 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.
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