Is Del Rio, 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, Del Rio was a Seller's Market.
Key Takeaway
Del Rio is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Del Rio, FL
How much do homes in Del Rio, FL cost?
Median Sold Price
$399,830
$235/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Del Rio have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Del Rio was $399,830 in April 2024, up 1.2% from last year, and the median price per square foot was $235.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $270K | $298.2K | +10.5% |
| 3 Bedrooms | $389.2K | $367.5K | -5.6% |
| 4 Bedrooms | $424.9K | $480K | +13.0% |
| 5+ Bedrooms | $752.7K | $535K | -28.9% |
Summary: Del Rio 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 increased by 10.5%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 28.9%.
Housing Supply in Del Rio, FL
How many homes are available in Del Rio, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 30 | +25.0% |
Summary: The Del Rio real estate market had 30 homes for sale in April 2024, a 25.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 17 | +41.7% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Del Rio 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 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Del Rio, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Del Rio in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Del Rio, FL
How long does it take to sell a home in Del Rio, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 43 Days | +4.8% |
Summary: Homes in Del Rio had an average of 43 days on market in Apr 2024, up by 4.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Del Rio are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Del Rio; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
