Is Douglas Park, 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, Douglas Park was a Seller's Market.
Key Takeaway
Douglas Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Douglas Park, FL
How much do homes in Douglas Park, FL cost?
Median Sold Price
$655,000
$524/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Douglas Park have sold for 18% more than they did a year ago.
Summary: The median home sold price in Douglas Park was $655,000 in March 2024, up 18% from last year, and the median price per square foot was $524.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $335K | $365.5K | +9.1% |
| 2 Bedrooms | $477.5K | $540K | +13.1% |
| 3 Bedrooms | $850K | $878K | +3.3% |
| 4 Bedrooms | $1.2M | $1.3M | +3.4% |
| 5+ Bedrooms | $1.1M | $730K | -36.5% |
Summary: Douglas Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 36.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Douglas Park | $555K | $655K | +18.0% |
| Coconut Grove | $1.3M | $1.5M | +8.9% |
| Shenandoah | $650K | $670K | +3.1% |
| Silverbluff Estates | $700K | $712.5K | +1.8% |
Housing Supply in Douglas Park, FL
How many homes are available in Douglas Park, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 136 | 153 | +12.5% |
Summary: The Douglas Park real estate market had 153 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 33 | 35 | +6.1% |
| 2 Bedrooms | 36 | 41 | +13.9% |
| 3 Bedrooms | 34 | 38 | +11.8% |
| 4 Bedrooms | 30 | 32 | +6.7% |
| 5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Douglas Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.1%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 23 | +53.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Douglas Park, you may be able to get a good deal. 87% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Douglas Park in March 2024, up by 53.3% month-over-month. Of the 23 sold homes, 87% were sold under asking, 9% were sold at asking, and 4% were sold over asking.
Days on Market for Douglas Park, FL
How long does it take to sell a home in Douglas Park, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 66 Days | 60 Days | -8.8% |
Summary: Homes in Douglas Park had an average of 60 days on market in Mar 2024, down by 8.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Douglas Park are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 23 homes were sold in Douglas Park; 52% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.