Is 34688, 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, 34688 has remained a Seller's Market.
Key Takeaway
34688 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34688, FL
How much do homes in 34688, FL cost?
Median Sold Price
$571,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 34688 have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in 34688 was $571,000 in April 2024, up 8.2% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147.5K | $157K | +6.4% |
| 2 Bedrooms | $225K | $220K | -2.2% |
| 3 Bedrooms | $520K | $550K | +5.8% |
| 4 Bedrooms | $644K | $725K | +12.6% |
| 5+ Bedrooms | $1.0M | $1.2M | +14.2% |
Summary: 34688 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 14.2%.
Housing Supply in 34688, FL
How many homes are available in 34688, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 94 | 84 | -10.6% |
Summary: The 34688 real estate market had 84 homes for sale in April 2024, a 10.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 24 | 21 | -12.5% |
| 3 Bedrooms | 25 | 22 | -12.0% |
| 4 Bedrooms | 27 | 24 | -11.1% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The 34688 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 34688, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 34688 in April 2024, up by 12.5% month-over-month. Of the 18 sold homes, 61% were sold under asking, 33% were sold at asking, and 6% were sold over asking.
Days on Market for 34688, FL
How long does it take to sell a home in 34688, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 63 Days | +100.0% |
Summary: Homes in 34688 had an average of 63 days on market in Apr 2024, up by 100% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34688 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in 34688; 44% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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