Is Durbin Crossing, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Durbin Crossing is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Durbin Crossing was a Seller's Market.

Key Takeaway

Durbin Crossing is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Durbin Crossing, FL

How much do homes in Durbin Crossing, FL cost?

Median Sold Price

$512,500

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$86,500(-14.4%)

Key Takeaway

Homes in Durbin Crossing have sold for 14.4% less than they did a year ago.

Summary: The median home sold price in Durbin Crossing was $512,500 in April 2024, down 14.4% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $296K$283.5K
-4.2%
3 $370K$360K
-2.7%
4 $597.5K$549K
-8.1%
5+ $700K$705K
+0.7%

Summary: Durbin Crossing 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 4.2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 0.7%.

Housing Supply in Durbin Crossing, FL

How many homes are available in Durbin Crossing, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3942+7.7%

Summary: The Durbin Crossing real estate market had 42 homes for sale in April 2024, a 7.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 108
-20.0%
4 1513
-13.3%
5+ 1019
+90.0%

Summary: The Durbin Crossing 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 decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 90%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Durbin Crossing, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Durbin Crossing in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Durbin Crossing, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
27 Days191 Days+605.4%

Summary: Homes in Durbin Crossing had an average of 191 days on market in Apr 2024, up by 605.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Durbin Crossing has remained consistent over time.

Summary: During April 2024, 4 homes were sold in Durbin Crossing; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 5 Days Ago

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