Is College Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, College Park has remained a Seller's Market.
Housing Prices in College Park, FL
How much do homes in College Park, FL cost?
Median Sold Price
$582,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in College Park was $582,000 in March 2024, up 19% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $205K | +7.9% |
2 Bedrooms | $372.5K | $393K | +5.5% |
3 Bedrooms | $525K | $539K | +2.7% |
4 Bedrooms | $839.9K | $892K | +6.2% |
5+ Bedrooms | $1.2M | $908.5K | -24.6% |
Summary: College Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 24.6%.
Housing Supply in College Park, FL
How many homes are available in College Park, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
83 | 86 | +3.6% |
Summary: The College Park real estate market had 86 homes for sale in March 2024, a 3.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 25 | +31.6% |
3 Bedrooms | 38 | 33 | -13.2% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The College Park 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 increased by 31.6%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 24 | +33.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in College Park in March 2024, up by 33.3% month-over-month. Of the 24 sold homes, 50% were sold under asking, 29% were sold at asking, and 21% were sold over asking.
Days on Market for College Park, FL
How long does it take to sell a home in College Park, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 27 Days | -55.3% |
Summary: Homes in College Park had an average of 27 days on market in Mar 2024, down by 55.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in College Park; 71% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.