Is Interbay, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Interbay is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Interbay was a Neutral Market.

Key Takeaway

Interbay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Interbay, FL

How much do homes in Interbay, FL cost?

Median Sold Price

$385,000

$358/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$25,000(+6.9%)

Key Takeaway

Homes in Interbay have sold for 6.9% more than they did a month ago.

Summary: The median home sold price in Interbay was $385,000 in April 2024, up 6.9% from last month, and the median price per square foot was $358.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$305K
N/A
3 $360K$425K
+18.1%
4 --
N/A
5+ --
N/A

Summary: Interbay housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 18.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Interbay, FL

How many homes are available in Interbay, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2018-10.0%

Summary: The Interbay real estate market had 18 homes for sale in April 2024, a 10.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1514
-6.7%
4 43
-25.0%
5+ 00
0.0%

Summary: The Interbay 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 remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Interbay, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Interbay in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Interbay, FL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
1 Days19 Days+1325.0%

Summary: Homes in Interbay had an average of 19 days on market in Apr 2024, up by 1325% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Interbay are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Interbay; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

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