Is 34788, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 34788 was a Seller's Market.
Housing Prices in 34788, FL
How much do homes in 34788, FL cost?
Median Sold Price
$314,933
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 34788 was $314,933 in February 2024, up 9.1% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $156K | $72K | -53.8% |
2 Bedrooms | $215K | $195K | -9.3% |
3 Bedrooms | $305.3K | $305K | -0.1% |
4 Bedrooms | $375K | $365.9K | -2.4% |
5+ Bedrooms | $460K | $383K | -16.7% |
Summary: 34788 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.8%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 16.7%.
Housing Supply in 34788, FL
How many homes are available in 34788, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
123 | 120 | -2.4% |
Summary: The 34788 real estate market had 120 homes for sale in February 2024, a 2.4% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 45 | 51 | +13.3% |
3 Bedrooms | 61 | 55 | -9.8% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 34788 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 13.3%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
18 | 14 | -22.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 34788 in February 2024, down by 22.2% month-over-month. Of the 14 sold homes, 57% were sold under asking, 36% were sold at asking, and 7% were sold over asking.
Days on Market for 34788, FL
How long does it take to sell a home in 34788, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
44 Days | 53 Days | +21.2% |
Summary: Homes in 34788 had an average of 53 days on market in Feb 2024, up by 21.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 14 homes were sold in 34788; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.