Is 34685, 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, 34685 has remained a Seller's Market.
Key Takeaway
34685 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34685, FL
How much do homes in 34685, FL cost?
Median Sold Price
$495,000
$260/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 34685 have sold for 8.3% less than they did a year ago.
Summary: The median home sold price in 34685 was $495,000 in March 2024, down 8.3% from last year, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $177K | +1.1% |
| 2 Bedrooms | $283.4K | $284.5K | 0.4% |
| 3 Bedrooms | $490K | $466K | -4.9% |
| 4 Bedrooms | $740K | $756.7K | +2.3% |
| 5+ Bedrooms | $877.5K | $1.0M | +14.2% |
Summary: 34685 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 14.2%.
Housing Supply in 34685, FL
How many homes are available in 34685, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 121 | 124 | +2.5% |
Summary: The 34685 real estate market had 124 homes for sale in March 2024, a 2.5% increase 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 | 46 | 47 | +2.2% |
| 3 Bedrooms | 31 | 31 | 0.0% |
| 4 Bedrooms | 34 | 33 | -2.9% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The 34685 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 2.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34685, you may be able to get a good deal. 78.3% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 34685 in March 2024, up by 15.0% month-over-month. Of the 23 sold homes, 78% were sold under asking, 13% were sold at asking, and 9% were sold over asking.
Days on Market for 34685, FL
How long does it take to sell a home in 34685, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 48 Days | +14.0% |
Summary: Homes in 34685 had an average of 48 days on market in Mar 2024, up by 14% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34685 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in 34685; 52% of homes were sold within 30 days, 26% 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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