Is Downtown Palm Harbor, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Downtown Palm Harbor has remained a Seller's Market.
Key Takeaway
Downtown Palm Harbor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Downtown Palm Harbor, FL
How much do homes in Downtown Palm Harbor, FL cost?
Median Sold Price
$492,450
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Downtown Palm Harbor have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Downtown Palm Harbor was $492,450 in April 2024, up 11.3% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $323K | -2.1% |
| 3 Bedrooms | $450K | $500K | +11.1% |
| 4 Bedrooms | $642.5K | $705K | +9.7% |
| 5+ Bedrooms | $900K | $640K | -28.9% |
Summary: Downtown Palm Harbor 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 2.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 28.9%.
Housing Supply in Downtown Palm Harbor, FL
How many homes are available in Downtown Palm Harbor, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 16 | -15.8% |
Summary: The Downtown Palm Harbor real estate market had 16 homes for sale in April 2024, a 15.8% decrease 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Downtown Palm Harbor 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 decreased by 15.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown Palm Harbor, 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 Downtown Palm Harbor in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Downtown Palm Harbor, FL
How long does it take to sell a home in Downtown Palm Harbor, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 5 Days | +66.7% |
Summary: Homes in Downtown Palm Harbor had an average of 5 days on market in Apr 2024, up by 66.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Downtown Palm Harbor are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Downtown Palm Harbor; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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