Is 34102, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 34102 has remained a Buyer's Market.
Key Takeaway
34102 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34102, FL
How much do homes in 34102, FL cost?
Median Sold Price
$2,025,000
$1,041/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in 34102 have sold for 4.5% more than they did a month ago.
Summary: The median home sold price in 34102 was $2,025,000 in March 2024, up 4.5% from last month, and the median price per square foot was $1,041.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $550K | $410K | -25.5% |
| 2 Bedrooms | $675K | $742.5K | +10.0% |
| 3 Bedrooms | $5.1M | $2.6M | -48.2% |
| 4 Bedrooms | $4.9M | $6.4M | +31.6% |
| 5+ Bedrooms | $12.1M | $10.5M | -13.1% |
Summary: 34102 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 25.5%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 48.2%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes decreased by 13.1%.
Housing Supply in 34102, FL
How many homes are available in 34102, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 535 | 574 | +7.3% |
Summary: The 34102 real estate market had 574 homes for sale in March 2024, a 7.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 33 | 34 | +3.0% |
| 2 Bedrooms | 180 | 195 | +8.3% |
| 3 Bedrooms | 118 | 124 | +5.1% |
| 4 Bedrooms | 105 | 115 | +9.5% |
| 5+ Bedrooms | 99 | 106 | +7.1% |
Summary: The 34102 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 43 | +53.6% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34102, you may be able to get a good deal. 90.7% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 34102 in March 2024, up by 53.6% month-over-month. Of the 43 sold homes, 91% were sold under asking, 5% were sold at asking, and 5% were sold over asking.
Days on Market for 34102, FL
How long does it take to sell a home in 34102, FL?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 121 Days | 100 Days | -17.2% |
Summary: Homes in 34102 had an average of 100 days on market in Mar 2024, down by 17.2% compared to last month.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 34102 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 43 homes were sold in 34102; 21% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.