Is Diplomat, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Diplomat was a Seller's Market.
Housing Prices in Diplomat, FL
How much do homes in Diplomat, FL cost?
Median Sold Price
$359,665
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Diplomat was $359,665 in March 2024, up 2.8% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $219.9K | $210K | -4.5% |
2 Bedrooms | $284.9K | $235K | -17.5% |
3 Bedrooms | $345K | $350K | +1.4% |
4 Bedrooms | $392.9K | $387.4K | -1.4% |
5+ Bedrooms | $518.2K | $487.5K | -5.9% |
Summary: Diplomat housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 5.9%.
Housing Supply in Diplomat, FL
How many homes are available in Diplomat, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
305 | 320 | +4.9% |
Summary: The Diplomat real estate market had 320 homes for sale in March 2024, a 4.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 17 | 17 | 0.0% |
3 Bedrooms | 175 | 189 | +8.0% |
4 Bedrooms | 106 | 107 | +0.9% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Diplomat 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 remained the same, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 43 | +104.8% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Diplomat in March 2024, up by 104.8% month-over-month. Of the 43 sold homes, 65% were sold under asking, 19% were sold at asking, and 16% were sold over asking.
Days on Market for Diplomat, FL
How long does it take to sell a home in Diplomat, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 68 Days | +52.2% |
Summary: Homes in Diplomat had an average of 68 days on market in Mar 2024, up by 52.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 43 homes were sold in Diplomat; 33% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.