Is 34787, 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, 34787 has remained a Seller's Market.
Key Takeaway
34787 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34787, FL
How much do homes in 34787, FL cost?
Median Sold Price
$574,985
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 34787 have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in 34787 was $574,985 in March 2024, up 9.2% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182.5K | $165.5K | -9.3% |
| 2 Bedrooms | $254K | $259K | +2.0% |
| 3 Bedrooms | $450K | $464.2K | +3.2% |
| 4 Bedrooms | $620.1K | $634.9K | +2.4% |
| 5+ Bedrooms | $795.9K | $825K | +3.6% |
Summary: 34787 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.3%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in 34787, FL
How many homes are available in 34787, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 676 | 682 | +0.9% |
Summary: The 34787 real estate market had 682 homes for sale in March 2024, a 0.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 78 | 78 | 0.0% |
| 3 Bedrooms | 244 | 243 | -0.4% |
| 4 Bedrooms | 231 | 222 | -3.9% |
| 5+ Bedrooms | 121 | 137 | +13.2% |
Summary: The 34787 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 remained the same, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 13.2%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 114 | 140 | +22.8% |
Asking Price vs. Sold Price
98 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34787, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 140 homes were sold or pending in 34787 in March 2024, up by 22.8% month-over-month. Of the 140 sold homes, 70% were sold under asking, 19% were sold at asking, and 11% were sold over asking.
Days on Market for 34787, FL
How long does it take to sell a home in 34787, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 45 Days | 59 Days | +29.6% |
Summary: Homes in 34787 had an average of 59 days on market in Mar 2024, up by 29.6% compared to last year.
Breakdown of Home Sale Times
72 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34787 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 140 homes were sold in 34787; 51% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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