Is 34229, 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, 34229 was a Seller's Market.
Housing Prices in 34229, FL
How much do homes in 34229, FL cost?
Median Sold Price
$820,000
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 34229 was $820,000 in March 2024, up 5.8% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220.5K | $209.7K | -4.9% |
2 Bedrooms | $403.5K | $435K | +7.8% |
3 Bedrooms | $750K | $775K | +3.3% |
4 Bedrooms | $1.2M | $1.0M | -17.5% |
5+ Bedrooms | $2.5M | $2.1M | -15.0% |
Summary: 34229 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes decreased by 15%.
Housing Supply in 34229, FL
How many homes are available in 34229, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
142 | 148 | +4.2% |
Summary: The 34229 real estate market had 148 homes for sale in March 2024, a 4.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 27 | 33 | +22.2% |
3 Bedrooms | 73 | 79 | +8.2% |
4 Bedrooms | 32 | 25 | -21.9% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 34229 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 increased by 22.2%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 21.9%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 16 | +6.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 34229 in March 2024, up by 6.7% month-over-month. Of the 16 sold homes, 81% were sold under asking, 19% were sold at asking, and 0% were sold over asking.
Days on Market for 34229, FL
How long does it take to sell a home in 34229, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 53 Days | +7.9% |
Summary: Homes in 34229 had an average of 53 days on market in Mar 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 34229; 56% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.