Is 34251, 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, 34251 was a Seller's Market.
Housing Prices in 34251, FL
How much do homes in 34251, FL cost?
Median Sold Price
$705,000
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 34251 was $705,000 in March 2024, up 1.8% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $566K | - | N/A |
2 Bedrooms | $580K | $501.5K | -13.5% |
3 Bedrooms | $635K | $685K | +7.9% |
4 Bedrooms | $805K | $725K | -9.9% |
5+ Bedrooms | $1.4M | $1.0M | -25.6% |
Summary: 34251 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 decreased by 13.5%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes decreased by 25.6%.
Housing Supply in 34251, FL
How many homes are available in 34251, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
58 | 54 | -6.9% |
Summary: The 34251 real estate market had 54 homes for sale in March 2024, a 6.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 33 | 36 | +9.1% |
4 Bedrooms | 20 | 13 | -35.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 34251 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 35%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 6 | -40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 34251 in March 2024, down by 40.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 34251, FL
How long does it take to sell a home in 34251, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 76 Days | 0.2% |
Summary: Homes in 34251 had an average of 76 days on market in Mar 2024, up by 0.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 34251; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.