Is 34606, 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, 34606 has remained a Seller's Market.
Key Takeaway
34606 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34606, FL
How much do homes in 34606, FL cost?
Median Sold Price
$289,997
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 34606 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 34606 was $289,997 in March 2024, up 3.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $165K | +37.5% |
| 2 Bedrooms | $250K | $260K | +4.0% |
| 3 Bedrooms | $300K | $310K | +3.3% |
| 4 Bedrooms | $335K | $329.9K | -1.5% |
| 5+ Bedrooms | $349.9K | $343K | -2.0% |
Summary: 34606 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 2%.
Housing Supply in 34606, FL
How many homes are available in 34606, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 443 | 448 | +1.1% |
Summary: The 34606 real estate market had 448 homes for sale in March 2024, a 1.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 178 | 184 | +3.4% |
| 3 Bedrooms | 178 | 178 | 0.0% |
| 4 Bedrooms | 83 | 79 | -4.8% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 34606 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 81 | 101 | +24.7% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34606, you may be able to get a good deal. 56.4% of homes here sold below asking price last month.
Summary: A total of 101 homes were sold or pending in 34606 in March 2024, up by 24.7% month-over-month. Of the 101 sold homes, 56% were sold under asking, 30% were sold at asking, and 14% were sold over asking.
Days on Market for 34606, FL
How long does it take to sell a home in 34606, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 40 Days | -16.4% |
Summary: Homes in 34606 had an average of 40 days on market in Mar 2024, down by 16.4% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34606 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 101 homes were sold in 34606; 55% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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