Is 34711, 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, 34711 has remained a Seller's Market.
Housing Prices in 34711, FL
How much do homes in 34711, FL cost?
Median Sold Price
$454,218
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 34711 was $454,218 in March 2024, up 5.2% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $287.5K | N/A |
2 Bedrooms | $325K | $326.4K | 0.4% |
3 Bedrooms | $410K | $421K | +2.7% |
4 Bedrooms | $509.5K | $520K | +2.1% |
5+ Bedrooms | $602.7K | $665K | +10.3% |
Summary: 34711 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 10.3%.
Housing Supply in 34711, FL
How many homes are available in 34711, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
391 | 422 | +7.9% |
Summary: The 34711 real estate market had 422 homes for sale in March 2024, a 7.9% 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 | 66 | 76 | +15.2% |
3 Bedrooms | 146 | 147 | +0.7% |
4 Bedrooms | 131 | 143 | +9.2% |
5+ Bedrooms | 48 | 56 | +16.7% |
Summary: The 34711 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 15.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 89 | +25.4% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in 34711 in March 2024, up by 25.4% month-over-month. Of the 89 sold homes, 60% were sold under asking, 25% were sold at asking, and 16% were sold over asking.
Days on Market for 34711, FL
How long does it take to sell a home in 34711, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 56 Days | +39.5% |
Summary: Homes in 34711 had an average of 56 days on market in Mar 2024, up by 39.5% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During March 2024, 89 homes were sold in 34711; 54% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.