Is 34997, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 34997 was a Seller's Market.
Housing Prices in 34997, FL
How much do homes in 34997, FL cost?
Median Sold Price
$433,500
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 34997 was $433,500 in April 2024, up 8.4% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $164K | $180K | +9.8% |
2 Bedrooms | $300K | $305K | +1.7% |
3 Bedrooms | $419K | $455K | +8.6% |
4 Bedrooms | $700K | $700K | 0.0% |
5+ Bedrooms | $922.5K | $677.5K | -26.6% |
Summary: 34997 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 26.6%.
Housing Supply in 34997, FL
How many homes are available in 34997, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
264 | 295 | +11.7% |
Summary: The 34997 real estate market had 295 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 89 | 105 | +18.0% |
3 Bedrooms | 113 | 125 | +10.6% |
4 Bedrooms | 45 | 48 | +6.7% |
5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The 34997 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 40 | -2.4% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in 34997 in April 2024, down by 2.4% month-over-month. Of the 40 sold homes, 75% were sold under asking, 20% were sold at asking, and 5% were sold over asking.
Days on Market for 34997, FL
How long does it take to sell a home in 34997, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 42 Days | +3.2% |
Summary: Homes in 34997 had an average of 42 days on market in Apr 2024, up by 3.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 40 homes were sold in 34997; 53% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.