Is Avalon, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avalon is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Avalon was a Neutral Market.

Key Takeaway

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

Housing Prices in Avalon, FL

How much do homes in Avalon, FL cost?

Median Sold Price

$540,000

$354/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$60,000(-10.0%)

Key Takeaway

Homes in Avalon have sold for 10% less than they did a month ago.

Summary: The median home sold price in Avalon was $540,000 in April 2024, down 10% from last month, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $600K$540K
-10.0%
4 -$564.5K
N/A
5+ --
N/A

Summary: Avalon housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Avalon, FL

How many homes are available in Avalon, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
67+16.7%

Summary: The Avalon real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 34
+33.3%
5+ 00
0.0%

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

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avalon, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Avalon in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Avalon, FL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
73 Days54 Days-25.6%

Summary: Homes in Avalon had an average of 54 days on market in Apr 2024, down by 25.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Avalon; 67% of homes were sold within 30 days, 0% 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 2 Days Ago

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