Is Azalea Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Azalea Park has remained a Seller's Market.
Housing Prices in Azalea Park, FL
How much do homes in Azalea Park, FL cost?
Median Sold Price
$335,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Azalea Park was $335,000 in April 2024, up 10.6% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $238.5K | $250K | +4.8% |
3 Bedrooms | $300K | $325K | +8.3% |
4 Bedrooms | $334.9K | $425K | +26.9% |
5+ Bedrooms | $387.5K | $425K | +9.7% |
Summary: Azalea Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 26.9%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Neighborhoods
Azalea Park | $303K | $335K | +10.6% |
Engelwood Park | $270K | $277K | +2.6% |
Housing Supply in Azalea Park, FL
How many homes are available in Azalea Park, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 44 | +18.9% |
Summary: The Azalea Park real estate market had 44 homes for sale in April 2024, a 18.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 12 | 15 | +25.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Azalea Park 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 decreased by 20%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Azalea Park in April 2024, down by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Azalea Park, FL
How long does it take to sell a home in Azalea Park, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 22 Days | -59.1% |
Summary: Homes in Azalea Park had an average of 22 days on market in Apr 2024, down by 59.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Azalea Park; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.