Is 34119, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 34119 was a Seller's Market.
Key Takeaway
34119 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 34119, FL
How much do homes in 34119, FL cost?
Median Sold Price
$744,833
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 34119 have sold for 17.3% more than they did a year ago.
Summary: The median home sold price in 34119 was $744,833 in April 2024, up 17.3% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | - | N/A |
| 2 Bedrooms | $416.6K | $516.5K | +24.0% |
| 3 Bedrooms | $615K | $755K | +22.8% |
| 4 Bedrooms | $1.0M | $1.1M | +4.0% |
| 5+ Bedrooms | $1.2M | $1.2M | 0.1% |
Summary: 34119 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 22.8%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in 34119, FL
How many homes are available in 34119, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 603 | 612 | +1.5% |
Summary: The 34119 real estate market had 612 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 142 | 150 | +5.6% |
| 3 Bedrooms | 284 | 265 | -6.7% |
| 4 Bedrooms | 120 | 134 | +11.7% |
| 5+ Bedrooms | 57 | 62 | +8.8% |
Summary: The 34119 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 8.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 93 | 92 | -1.1% |
Asking Price vs. Sold Price
70 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34119, you may be able to get a good deal. 76.1% of homes here sold below asking price last month.
Summary: A total of 92 homes were sold or pending in 34119 in April 2024, down by 1.1% month-over-month. Of the 92 sold homes, 76% were sold under asking, 20% were sold at asking, and 4% were sold over asking.
Days on Market for 34119, FL
How long does it take to sell a home in 34119, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 50 Days | +4.0% |
Summary: Homes in 34119 had an average of 50 days on market in Apr 2024, up by 4% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34119 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 92 homes were sold in 34119; 49% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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