Is 34117, 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, 34117 has remained a Neutral Market.
Housing Prices in 34117, FL
How much do homes in 34117, FL cost?
Median Sold Price
$550,642
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 34117 was $550,642 in March 2024, up 10.1% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $385K | $425K | +10.4% |
3 Bedrooms | $497K | $515K | +3.6% |
4 Bedrooms | $599K | $715K | +19.4% |
5+ Bedrooms | $500K | $1.3M | +160.0% |
Summary: 34117 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 10.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 160%.
Housing Supply in 34117, FL
How many homes are available in 34117, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
169 | 186 | +10.1% |
Summary: The 34117 real estate market had 186 homes for sale in March 2024, a 10.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 90 | 96 | +6.7% |
4 Bedrooms | 62 | 70 | +12.9% |
5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The 34117 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 29 | +61.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 34117 in March 2024, up by 61.1% month-over-month. Of the 29 sold homes, 48% were sold under asking, 41% were sold at asking, and 10% were sold over asking.
Days on Market for 34117, FL
How long does it take to sell a home in 34117, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 92 Days | +127.5% |
Summary: Homes in 34117 had an average of 92 days on market in Mar 2024, up by 127.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in 34117; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.