Is 34785, 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, 34785 has remained a Seller's Market.
Key Takeaway
34785 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34785, FL
How much do homes in 34785, FL cost?
Median Sold Price
$327,991
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 34785 have sold for 7.2% less than they did a year ago.
Summary: The median home sold price in 34785 was $327,991 in March 2024, down 7.2% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $127K | +15.5% |
| 2 Bedrooms | $281.7K | $160K | -43.2% |
| 3 Bedrooms | $390K | $358.5K | -8.1% |
| 4 Bedrooms | $385K | $359.9K | -6.5% |
| 5+ Bedrooms | $572.5K | $354.9K | -38.0% |
Summary: 34785 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.5%, 2 bedroom homes decreased by 43.2%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 38%.
Housing Supply in 34785, FL
How many homes are available in 34785, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 186 | 198 | +6.5% |
Summary: The 34785 real estate market had 198 homes for sale in March 2024, a 6.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 45 | 53 | +17.8% |
| 3 Bedrooms | 114 | 118 | +3.5% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 34785 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 45 | +40.6% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34785, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in 34785 in March 2024, up by 40.6% month-over-month. Of the 45 sold homes, 67% were sold under asking, 27% were sold at asking, and 7% were sold over asking.
Days on Market for 34785, FL
How long does it take to sell a home in 34785, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 100 Days | 45 Days | -54.9% |
Summary: Homes in 34785 had an average of 45 days on market in Mar 2024, down by 54.9% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34785 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 45 homes were sold in 34785; 62% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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