Is Alta Vista, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alta Vista is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Alta Vista was a Buyer's Market.

Key Takeaway

Alta Vista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Alta Vista, FL

How much do homes in Alta Vista, FL cost?

Median Sold Price

$615,000

$374/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$190,000(+44.7%)

Key Takeaway

Homes in Alta Vista have sold for 44.7% more than they did a year ago.

Summary: The median home sold price in Alta Vista was $615,000 in April 2024, up 44.7% from last year, and the median price per square foot was $374.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $185K$210K
+13.5%
2 $381K$424.5K
+11.4%
3 $729.9K$717.1K
-1.8%
4 $475K$674.9K
+42.1%
5+ $1.3M$825K
-38.9%

Summary: Alta Vista housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 11.4%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 42.1%, and 5+ bedroom homes decreased by 38.9%.

Median Sold Price Compared To Nearby Neighborhoods

Alta Vista
+44.7%
Downtown Sarasota
+18.4%
Gardens of Ringling Park
+13.1%

Housing Supply in Alta Vista, FL

How many homes are available in Alta Vista, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2225+13.6%

Summary: The Alta Vista real estate market had 25 homes for sale in April 2024, a 13.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 13
+200.0%
2 55
0.0%
3 1113
+18.2%
4 22
0.0%
5+ 32
-33.3%

Summary: The Alta Vista housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alta Vista, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Alta Vista in April 2024, up by 500.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Alta Vista, FL

How long does it take to sell a home in Alta Vista, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
54 Days60 Days+12.0%

Summary: Homes in Alta Vista had an average of 60 days on market in Apr 2024, up by 12% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alta Vista are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Alta Vista; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Alta Vista, FL

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