Is 34217, 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, 34217 was a Neutral Market.
Housing Prices in 34217, FL
How much do homes in 34217, FL cost?
Median Sold Price
$977,000
$776/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 34217 was $977,000 in March 2024, down 12.3% from last year, and the median price per square foot was $776.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $462.5K | $480K | +3.8% |
2 Bedrooms | $759K | $725K | -4.5% |
3 Bedrooms | $1.6M | $1.3M | -19.5% |
4 Bedrooms | $3.0M | $1.7M | -42.2% |
5+ Bedrooms | $3.5M | $2.9M | -16.0% |
Summary: 34217 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes decreased by 42.2%, and 5+ bedroom homes decreased by 16%.
Housing Supply in 34217, FL
How many homes are available in 34217, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
299 | 306 | +2.3% |
Summary: The 34217 real estate market had 306 homes for sale in March 2024, a 2.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 17 | +6.3% |
2 Bedrooms | 88 | 86 | -2.3% |
3 Bedrooms | 94 | 95 | +1.1% |
4 Bedrooms | 69 | 71 | +2.9% |
5+ Bedrooms | 32 | 37 | +15.6% |
Summary: The 34217 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 15.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 34 | +17.2% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 34217 in March 2024, up by 17.2% month-over-month. Of the 34 sold homes, 62% were sold under asking, 32% were sold at asking, and 6% were sold over asking.
Days on Market for 34217, FL
How long does it take to sell a home in 34217, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
79 Days | 63 Days | -20.4% |
Summary: Homes in 34217 had an average of 63 days on market in Mar 2024, down by 20.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in 34217; 44% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.