Is Florida City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Florida City was a Buyer's Market.
Housing Prices in Florida City, FL
How much do homes in Florida City, FL cost?
Median Sold Price
$393,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Florida City was $393,000 in November 2023, up 18.4% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | - | N/A |
2 Bedrooms | $335.6K | $330K | -1.7% |
3 Bedrooms | $331.3K | $372K | +12.3% |
4 Bedrooms | $322.5K | $398K | +23.4% |
5+ Bedrooms | $415.4K | $525K | +26.4% |
Summary: Florida City housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes increased by 26.4%.
Median Sold Price Compared To Nearby Cities
Florida City | $331.9K | $393K | +18.4% |
Homestead | $385.2K | $432.7K | +12.3% |
Housing Supply in Florida City, FL
How many homes are available in Florida City, FL?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
83 | 81 | -2.4% |
Summary: The Florida City real estate market had 81 homes for sale in November 2023, a 2.4% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 58 | 55 | -5.2% |
4 Bedrooms | 15 | 14 | -6.7% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Florida City housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
27 | 18 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Florida City in November 2023, down by 33.3% month-over-month. Of the 18 sold homes, 22% were sold under asking, 78% were sold at asking, and 0% were sold over asking.
Days on Market for Florida City, FL
How long does it take to sell a home in Florida City, FL?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
43 Days | 67 Days | +55.6% |
Summary: Homes in Florida City had an average of 67 days on market in Nov 2023, up by 55.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During November 2023, 18 homes were sold in Florida City; 61% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.