Is 34231, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 34231 has remained a Seller's Market.
Key Takeaway
34231 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34231, FL
How much do homes in 34231, FL cost?
Median Sold Price
$412,640
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 34231 have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in 34231 was $412,640 in April 2024, down 6.2% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $201K | $189K | -6.0% |
| 2 Bedrooms | $350K | $347K | -0.9% |
| 3 Bedrooms | $526.2K | $535K | +1.7% |
| 4 Bedrooms | $1.1M | $840K | -27.1% |
| 5+ Bedrooms | $1.8M | $1.9M | +4.2% |
Summary: 34231 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 27.1%, and 5+ bedroom homes increased by 4.2%.
Housing Supply in 34231, FL
How many homes are available in 34231, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 432 | 414 | -4.2% |
Summary: The 34231 real estate market had 414 homes for sale in April 2024, a 4.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 19 | +11.8% |
| 2 Bedrooms | 194 | 184 | -5.2% |
| 3 Bedrooms | 155 | 146 | -5.8% |
| 4 Bedrooms | 57 | 55 | -3.5% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 34231 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 77 | 73 | -5.2% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34231, you may be able to get a good deal. 83.6% of homes here sold below asking price last month.
Summary: A total of 73 homes were sold or pending in 34231 in April 2024, down by 5.2% month-over-month. Of the 73 sold homes, 84% were sold under asking, 10% were sold at asking, and 7% were sold over asking.
Days on Market for 34231, FL
How long does it take to sell a home in 34231, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 51 Days | +51.8% |
Summary: Homes in 34231 had an average of 51 days on market in Apr 2024, up by 51.8% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34231 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 73 homes were sold in 34231; 49% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.