Is Channel District, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Channel District has remained a Seller's Market.
Housing Prices in Channel District, FL
How much do homes in Channel District, FL cost?
Median Sold Price
$578,500
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Channel District was $578,500 in February 2024, up 1.7% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $408.7K | $392.5K | -4.0% |
2 Bedrooms | $635K | $655K | +3.1% |
3 Bedrooms | $1.3M | $1.1M | -11.3% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Channel District housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Channel District | $569K | $578.5K | +1.7% |
Historic Ybor | $276.2K | $263.2K | -4.7% |
Housing Supply in Channel District, FL
How many homes are available in Channel District, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
31 | 44 | +41.9% |
Summary: The Channel District real estate market had 44 homes for sale in February 2024, a 41.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 25 | 35 | +40.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Channel District housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 9 | +350.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Channel District in February 2024, up by 350.0% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Channel District, FL
How long does it take to sell a home in Channel District, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
86 Days | 80 Days | -6.8% |
Summary: Homes in Channel District had an average of 80 days on market in Feb 2024, down by 6.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 9 homes were sold in Channel District; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.