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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avalon-Mulat is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Avalon-Mulat has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Avalon-Mulat, FL

How much do homes in Avalon-Mulat, FL cost?

Median Sold Price

$274,950

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$25,049(-8.3%)

Key Takeaway

Homes in Avalon-Mulat have sold for 8.3% less than they did a year ago.

Summary: The median home sold price in Avalon-Mulat was $274,950 in March 2024, down 8.3% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $145K-
N/A
2 --
N/A
3 $278K$269.9K
-2.9%
4 $440K$372.4K
-15.4%
5+ $900K$365K
-59.4%

Summary: Avalon-Mulat housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 59.4%.

Median Sold Price Compared To Nearby Cities

Midway
+6.6%
Pensacola
-0.4%
Milton
-4.4%
Bagdad
-4.8%
Avalon-Mulat
-8.3%

Housing Supply in Avalon-Mulat, FL

How many homes are available in Avalon-Mulat, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1825+38.9%

Summary: The Avalon-Mulat real estate market had 25 homes for sale in March 2024, a 38.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 911
+22.2%
4 812
+50.0%
5+ 12
+100.0%

Summary: The Avalon-Mulat housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avalon-Mulat, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Avalon-Mulat in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Avalon-Mulat, FL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
36 Days96 Days+163.7%

Summary: Homes in Avalon-Mulat had an average of 96 days on market in Mar 2024, up by 163.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Avalon-Mulat has remained consistent over time.

Summary: During March 2024, 5 homes were sold in Avalon-Mulat; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 22 Days Ago

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