Is 34607, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 34607 was a Seller's Market.
Housing Prices in 34607, FL
How much do homes in 34607, FL cost?
Median Sold Price
$515,000
$292/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 34607 was $515,000 in April 2024, up 7.3% from last year, and the median price per square foot was $292.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $580K | - | N/A |
2 Bedrooms | $369.4K | $414.5K | +12.2% |
3 Bedrooms | $477.5K | $535K | +12.0% |
4 Bedrooms | $589K | $579K | -1.7% |
5+ Bedrooms | $745K | $739.5K | -0.7% |
Summary: 34607 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in 34607, FL
How many homes are available in 34607, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
203 | 221 | +8.9% |
Summary: The 34607 real estate market had 221 homes for sale in April 2024, a 8.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 50 | 55 | +10.0% |
3 Bedrooms | 113 | 123 | +8.8% |
4 Bedrooms | 25 | 28 | +12.0% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The 34607 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 12%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 36 | +56.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in 34607 in April 2024, up by 56.5% month-over-month. Of the 36 sold homes, 64% were sold under asking, 31% were sold at asking, and 6% were sold over asking.
Days on Market for 34607, FL
How long does it take to sell a home in 34607, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 64 Days | -17.1% |
Summary: Homes in 34607 had an average of 64 days on market in Apr 2024, down by 17.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in 34607; 42% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.