Is Historic Old Northeast, 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, Historic Old Northeast has remained a Seller's Market.
Housing Prices in Historic Old Northeast, FL
How much do homes in Historic Old Northeast, FL cost?
Median Sold Price
$1,043,000
$579/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Historic Old Northeast was $1,043,000 in April 2024, up 17.6% from last year, and the median price per square foot was $579.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $375K | $345.5K | -7.9% |
2 Bedrooms | $660K | $716K | +8.5% |
3 Bedrooms | $937.5K | $1.1M | +24.0% |
4 Bedrooms | $1.3M | $1.3M | +2.3% |
5+ Bedrooms | $2.3M | $2.1M | -7.7% |
Summary: Historic Old Northeast housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.9%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Neighborhoods
Historic Old Northeast | $887K | $1.0M | +17.6% |
North East Park | $397K | $417.5K | +5.2% |
Housing Supply in Historic Old Northeast, FL
How many homes are available in Historic Old Northeast, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
88 | 87 | -1.1% |
Summary: The Historic Old Northeast real estate market had 87 homes for sale in April 2024, a 1.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 10 | 0.0% |
2 Bedrooms | 20 | 18 | -10.0% |
3 Bedrooms | 26 | 23 | -11.5% |
4 Bedrooms | 20 | 23 | +15.0% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Historic Old Northeast 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 10%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 27 | +42.1% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Historic Old Northeast in April 2024, up by 42.1% month-over-month. Of the 27 sold homes, 78% were sold under asking, 7% were sold at asking, and 15% were sold over asking.
Days on Market for Historic Old Northeast, FL
How long does it take to sell a home in Historic Old Northeast, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 45 Days | +136.0% |
Summary: Homes in Historic Old Northeast had an average of 45 days on market in Apr 2024, up by 136% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Historic Old Northeast; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.