Is Dunedin, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$436,666
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Dunedin have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Dunedin was $436,666 in March 2024, up 5.8% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.9K | $165K | -13.1% |
| 2 Bedrooms | $288.2K | $319.5K | +10.8% |
| 3 Bedrooms | $525.8K | $560K | +6.5% |
| 4 Bedrooms | $721.9K | $703.2K | -2.6% |
| 5+ Bedrooms | $965K | $942.5K | -2.3% |
Summary: Dunedin housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.1%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Clearwater Beach | $783.5K | $852K | +8.7% |
| Palm Harbor | $401.6K | $427.8K | +6.5% |
| Dunedin | $412.7K | $436.6K | +5.8% |
| Clearwater | $365.8K | $353.5K | -3.4% |
Housing Supply in Dunedin, FL
How many homes are available in Dunedin, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 412 | 412 | 0.0% |
Summary: The Dunedin real estate market had 412 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 42 | 43 | +2.4% |
| 2 Bedrooms | 204 | 209 | +2.5% |
| 3 Bedrooms | 109 | 104 | -4.6% |
| 4 Bedrooms | 42 | 40 | -4.8% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Dunedin housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 85 | 84 | -1.2% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunedin, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 84 homes were sold or pending in Dunedin in March 2024, down by 1.2% month-over-month. Of the 84 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 48 Days | +24.0% |
Summary: Homes in Dunedin had an average of 48 days on market in Mar 2024, up by 24% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dunedin are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 84 homes were sold in Dunedin; 51% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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