Is 34202, 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, 34202 was a Seller's Market.
Housing Prices in 34202, FL
How much do homes in 34202, FL cost?
Median Sold Price
$836,546
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 34202 was $836,546 in March 2024, up 3.1% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225.1K | $225K | 0% |
2 Bedrooms | $475K | $547.5K | +15.3% |
3 Bedrooms | $775.1K | $795.8K | +2.7% |
4 Bedrooms | $1.0M | $1.2M | +16.5% |
5+ Bedrooms | $1.3M | $1.8M | +35.5% |
Summary: 34202 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 15.3%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 35.5%.
Housing Supply in 34202, FL
How many homes are available in 34202, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
388 | 421 | +8.5% |
Summary: The 34202 real estate market had 421 homes for sale in March 2024, a 8.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 70 | 80 | +14.3% |
3 Bedrooms | 195 | 207 | +6.2% |
4 Bedrooms | 99 | 106 | +7.1% |
5+ Bedrooms | 19 | 24 | +26.3% |
Summary: The 34202 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 26.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 52 | -3.7% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in 34202 in March 2024, down by 3.7% month-over-month. Of the 52 sold homes, 73% were sold under asking, 17% were sold at asking, and 10% were sold over asking.
Days on Market for 34202, FL
How long does it take to sell a home in 34202, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 56 Days | +19.0% |
Summary: Homes in 34202 had an average of 56 days on market in Mar 2024, up by 19% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 52 homes were sold in 34202; 54% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.