Is Dunedin, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunedin is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Dunedin has remained a Seller's Market.

Key Takeaway

Dunedin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dunedin, FL

How much do homes in Dunedin, FL cost?

Median Sold Price

$433,001

$309/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$13,365(+3.2%)

Key Takeaway

Homes in Dunedin have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Dunedin was $433,001 in June 2024, up 3.2% from last year, and the median price per square foot was $309.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $181.9K$165K
-9.3%
2 $300K$315K
+5.0%
3 $525K$580K
+10.5%
4 $650K$729.9K
+12.3%
5+ $862.5K$1.2M
+39.7%

Summary: Dunedin housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.3%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 39.7%.

Median Sold Price Compared To Nearby Cities

Palm Harbor
+8.9%
Dunedin
+3.2%
Clearwater Beach
+1.8%
Clearwater
+1.2%

Housing Supply in Dunedin, FL

How many homes are available in Dunedin, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
376371-1.3%

Summary: The Dunedin real estate market had 371 homes for sale in June 2024, a 1.3% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 4141
0.0%
2 185176
-4.9%
3 111108
-2.7%
4 3035
+16.7%
5+ 911
+22.2%

Summary: The Dunedin housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

May 2024Jun 2024CHANGE
7966-16.5%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunedin, you may be able to get a good deal. 77.3% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in Dunedin in June 2024, down by 16.5% month-over-month. Of the 66 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.

Days on Market for Dunedin, FL

How long does it take to sell a home in Dunedin, FL?

Average Sale Time

Jun 2023Jun 2024CHANGE
44 Days60 Days+36.9%

Summary: Homes in Dunedin had an average of 60 days on market in Jun 2024, up by 36.9% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dunedin are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 66 homes were sold in Dunedin; 44% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Dunedin, FL

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