Is 34698, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 34698 has remained a Seller's Market.
Housing Prices in 34698, FL
How much do homes in 34698, FL cost?
Median Sold Price
$431,249
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 34698 was $431,249 in February 2024, up 1% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180.2K | $167.5K | -7.1% |
2 Bedrooms | $293K | $320K | +9.2% |
3 Bedrooms | $524.5K | $560K | +6.8% |
4 Bedrooms | $660K | $695.5K | +5.4% |
5+ Bedrooms | $955K | $942.5K | -1.3% |
Summary: 34698 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.1%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 1.3%.
Housing Supply in 34698, FL
How many homes are available in 34698, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
345 | 410 | +18.8% |
Summary: The 34698 real estate market had 410 homes for sale in February 2024, a 18.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 34 | 45 | +32.4% |
2 Bedrooms | 182 | 206 | +13.2% |
3 Bedrooms | 88 | 104 | +18.2% |
4 Bedrooms | 31 | 42 | +35.5% |
5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The 34698 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 32.4%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 35.5%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
35 | 77 | +120.0% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 77 homes were sold or pending in 34698 in February 2024, up by 120.0% month-over-month. Of the 77 sold homes, 73% were sold under asking, 13% were sold at asking, and 14% were sold over asking.
Days on Market for 34698, FL
How long does it take to sell a home in 34698, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
42 Days | 41 Days | -3.4% |
Summary: Homes in 34698 had an average of 41 days on market in Feb 2024, down by 3.4% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During February 2024, 77 homes were sold in 34698; 53% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.