Is Davis Islands, 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, Davis Islands was a Seller's Market.
Housing Prices in Davis Islands, FL
How much do homes in Davis Islands, FL cost?
Median Sold Price
$1,511,445
$601/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Davis Islands was $1,511,445 in April 2024, up 0.8% from last year, and the median price per square foot was $601.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | - | N/A |
2 Bedrooms | $640K | $612.5K | -4.3% |
3 Bedrooms | $985K | $1.0M | +8.6% |
4 Bedrooms | $1.8M | $1.8M | -3.5% |
5+ Bedrooms | $3.0M | $3.1M | +4.9% |
Summary: Davis Islands 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 decreased by 4.3%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 4.9%.
Housing Supply in Davis Islands, FL
How many homes are available in Davis Islands, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 53 | +17.8% |
Summary: The Davis Islands real estate market had 53 homes for sale in April 2024, a 17.8% 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 | 5 | 0.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The Davis Islands 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 remained the same, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 3 | -62.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Davis Islands in April 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Davis Islands, FL
How long does it take to sell a home in Davis Islands, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 78 Days | +1.4% |
Summary: Homes in Davis Islands had an average of 78 days on market in Apr 2024, up by 1.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Davis Islands; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.