Is Central Business District, 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, Central Business District was a Seller's Market.
Housing Prices in Central Business District, FL
How much do homes in Central Business District, FL cost?
Median Sold Price
$360,000
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Central Business District was $360,000 in April 2024, up 15.2% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $283.9K | $293K | +3.2% |
2 Bedrooms | $418K | $420K | 0.5% |
3 Bedrooms | $974K | $975K | 0.1% |
4 Bedrooms | $1.6M | $1.5M | -6.3% |
5+ Bedrooms | - | - | N/A |
Summary: Central Business District housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes did not change.
Housing Supply in Central Business District, FL
How many homes are available in Central Business District, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 77 | +30.5% |
Summary: The Central Business District real estate market had 77 homes for sale in April 2024, a 30.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 33 | 46 | +39.4% |
2 Bedrooms | 25 | 30 | +20.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Central Business District housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 39.4%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 11 | +266.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Central Business District in April 2024, up by 266.7% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Central Business District, FL
How long does it take to sell a home in Central Business District, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 36 Days | -13.8% |
Summary: Homes in Central Business District had an average of 36 days on market in Apr 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Central Business District; 45% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.