Is Burnt Store, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Burnt Store was a Seller's Market.
Housing Prices in Burnt Store, FL
How much do homes in Burnt Store, FL cost?
Median Sold Price
$450,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Burnt Store was $450,000 in April 2024, up 0.1% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $278K | $270K | -2.9% |
2 Bedrooms | $380K | $380K | 0.0% |
3 Bedrooms | $481K | $469.3K | -2.4% |
4 Bedrooms | $450K | $442.7K | -1.6% |
5+ Bedrooms | $857.5K | $1.3M | +57.4% |
Summary: Burnt Store housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 57.4%.
Median Sold Price Compared To Nearby Neighborhoods
Burnt Store Marina | $440K | $460.7K | +4.7% |
Burnt Store | $449.4K | $450K | 0.1% |
Mariner | $385K | $375K | -2.6% |
Housing Supply in Burnt Store, FL
How many homes are available in Burnt Store, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
752 | 800 | +6.4% |
Summary: The Burnt Store real estate market had 800 homes for sale in April 2024, a 6.4% 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 | 72 | 78 | +8.3% |
3 Bedrooms | 437 | 452 | +3.4% |
4 Bedrooms | 237 | 263 | +11.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Burnt Store 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 increased by 8.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 64 | -1.5% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Burnt Store in April 2024, down by 1.5% month-over-month. Of the 64 sold homes, 77% were sold under asking, 17% were sold at asking, and 6% were sold over asking.
Days on Market for Burnt Store, FL
How long does it take to sell a home in Burnt Store, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 109 Days | +88.1% |
Summary: Homes in Burnt Store had an average of 109 days on market in Apr 2024, up by 88.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Summary: During April 2024, 64 homes were sold in Burnt Store; 19% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.