Is 34689, 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, 34689 was a Seller's Market.
Key Takeaway
34689 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 34689, FL
How much do homes in 34689, FL cost?
Median Sold Price
$418,227
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 34689 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 34689 was $418,227 in March 2024, up 4.6% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $145K | +11.5% |
| 2 Bedrooms | $275.5K | $282.5K | +2.5% |
| 3 Bedrooms | $432K | $445K | +3.0% |
| 4 Bedrooms | $540K | $606.5K | +12.3% |
| 5+ Bedrooms | $900K | $880K | -2.2% |
Summary: 34689 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 2.2%.
Housing Supply in 34689, FL
How many homes are available in 34689, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 272 | 285 | +4.8% |
Summary: The 34689 real estate market had 285 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 10 | 0.0% |
| 2 Bedrooms | 88 | 98 | +11.4% |
| 3 Bedrooms | 109 | 106 | -2.8% |
| 4 Bedrooms | 56 | 57 | +1.8% |
| 5+ Bedrooms | 9 | 14 | +55.6% |
Summary: The 34689 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 11.4%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 55.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 44 | 44 | 0.0% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34689, you may be able to get a good deal. 79.5% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in 34689 in March 2024, the same as the previous month. Of the 44 sold homes, 80% were sold under asking, 14% were sold at asking, and 7% were sold over asking.
Days on Market for 34689, FL
How long does it take to sell a home in 34689, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 53 Days | +8.4% |
Summary: Homes in 34689 had an average of 53 days on market in Mar 2024, up by 8.4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34689 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 44 homes were sold in 34689; 41% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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