$25,000
1.25 Acres
Land
Melchire St. Ville, Listing Office: KARIZA CAPITAL REALTY, LLC
Is Archer, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Archer was a Buyer's Market.
Key Takeaway
Archer is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Archer, FL
How much do homes in Archer, FL cost?
Median Sold Price
$319,900
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$104,400(+48.4%)
Key Takeaway
Homes in Archer have sold for 48.4% more than they did a year ago.
Summary: The median home sold price in Archer was $319,900 in August 2024, up 48.4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.5K | - | N/A |
| 2 Bedrooms | $104K | $249K | +139.4% |
| 3 Bedrooms | $212K | $247.9K | +16.9% |
| 4 Bedrooms | $355K | $435K | +22.5% |
| 5+ Bedrooms | $1.5M | $1.2M | -20.5% |
Summary: Archer housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 139.4%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes decreased by 20.5%.
Median Sold Price Compared To Nearby Cities
| Archer | $215.5K | $319.9K | +48.4% |
| Newberry-Archer | $365K | $364.9K | 0% |
Housing Supply in Archer, FL
How many homes are available in Archer, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Summary: The Archer real estate market had 25 homes for sale in August 2024, a 13.6% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Archer housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Archer, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Archer in August 2024, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Archer, FL
How long does it take to sell a home in Archer, FL?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 40 Days | 62 Days | +53.3% |
Summary: Homes in Archer had an average of 62 days on market in Aug 2024, up by 53.3% 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
Key Takeaway
Many homes in Archer are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 6 homes were sold in Archer; 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.