Is Fair Oaks / Manhattan Manor, 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, Fair Oaks / Manhattan Manor has remained a Seller's Market.
Key Takeaway
Fair Oaks / Manhattan Manor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fair Oaks / Manhattan Manor, FL
How much do homes in Fair Oaks / Manhattan Manor, FL cost?
Median Sold Price
$317,500
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Fair Oaks / Manhattan Manor have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in Fair Oaks / Manhattan Manor was $317,500 in April 2024, up 11.4% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $176.5K | $177K | 0.3% |
| 2 Bedrooms | $270K | $280K | +3.7% |
| 3 Bedrooms | $487.5K | $463.5K | -4.9% |
| 4 Bedrooms | $529K | $570K | +7.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Fair Oaks / Manhattan Manor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 3.7%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Fair Oaks / Manhattan Manor | $285K | $317.5K | +11.4% |
| Virginia Park | $965K | $1.0M | +11.4% |
| South Tampa | $623.5K | $653.2K | +4.8% |
| Bayshore Beautiful | $1.3M | $1.2M | -4.8% |
Housing Supply in Fair Oaks / Manhattan Manor, FL
How many homes are available in Fair Oaks / Manhattan Manor, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 30 | +7.1% |
Summary: The Fair Oaks / Manhattan Manor real estate market had 30 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Fair Oaks / Manhattan Manor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fair Oaks / Manhattan Manor, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Fair Oaks / Manhattan Manor in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Fair Oaks / Manhattan Manor, FL
How long does it take to sell a home in Fair Oaks / Manhattan Manor, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 60 Days | 14 Days | -76.1% |
Summary: Homes in Fair Oaks / Manhattan Manor had an average of 14 days on market in Apr 2024, down by 76.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fair Oaks / Manhattan Manor are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Fair Oaks / Manhattan Manor; 83% of homes were sold within 30 days, 17% 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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