Is 34205, 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, 34205 has remained a Seller's Market.
Key Takeaway
34205 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34205, FL
How much do homes in 34205, FL cost?
Median Sold Price
$323,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 34205 have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in 34205 was $323,000 in March 2024, up 8.9% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | $136.5K | -0.7% |
| 2 Bedrooms | $231.5K | $220K | -5.0% |
| 3 Bedrooms | $347K | $372.5K | +7.3% |
| 4 Bedrooms | $413.7K | $387K | -6.5% |
| 5+ Bedrooms | $802.5K | $525K | -34.6% |
Summary: 34205 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 34.6%.
Housing Supply in 34205, FL
How many homes are available in 34205, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 248 | 258 | +4.0% |
Summary: The 34205 real estate market had 258 homes for sale in March 2024, a 4.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 15 | +50.0% |
| 2 Bedrooms | 133 | 133 | 0.0% |
| 3 Bedrooms | 78 | 89 | +14.1% |
| 4 Bedrooms | 21 | 15 | -28.6% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 34205 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 58 | +70.6% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34205, you may be able to get a good deal. 72.4% of homes here sold below asking price last month.
Summary: A total of 58 homes were sold or pending in 34205 in March 2024, up by 70.6% month-over-month. Of the 58 sold homes, 72% were sold under asking, 12% were sold at asking, and 16% were sold over asking.
Days on Market for 34205, FL
How long does it take to sell a home in 34205, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 55 Days | 49 Days | -11.7% |
Summary: Homes in 34205 had an average of 49 days on market in Mar 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34205 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 58 homes were sold in 34205; 48% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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