Is Five Points, 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, Five Points has remained a Seller's Market.
Housing Prices in Five Points, FL
How much do homes in Five Points, FL cost?
Median Sold Price
$575,000
$427/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Five Points was $575,000 in April 2024, up 35.3% from last year, and the median price per square foot was $427.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $147.5K | -15.7% |
2 Bedrooms | $425K | $450K | +5.9% |
3 Bedrooms | $457.7K | $535K | +16.9% |
4 Bedrooms | $794.1K | $1.1M | +44.7% |
5+ Bedrooms | $385K | - | N/A |
Summary: Five Points housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 44.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Five Points | $425K | $575K | +35.3% |
North East Park | $397K | $417.5K | +5.2% |
Housing Supply in Five Points, FL
How many homes are available in Five Points, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Summary: The Five Points real estate market had 14 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Five Points housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Five Points in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Five Points, FL
How long does it take to sell a home in Five Points, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 46 Days | +16.8% |
Summary: Homes in Five Points had an average of 46 days on market in Apr 2024, up by 16.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Five Points; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.