Is Interlachen-Florahome, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Interlachen-Florahome has remained a Seller's Market.
Housing Prices in Interlachen-Florahome, FL
How much do homes in Interlachen-Florahome, FL cost?
Median Sold Price
$220,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Interlachen-Florahome was $220,000 in March 2024, down 15.4% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $237.4K | $151K | -36.4% |
2 Bedrooms | $200K | $196.9K | -1.5% |
3 Bedrooms | $272.5K | $220K | -19.3% |
4 Bedrooms | $398K | $272.9K | -31.4% |
5+ Bedrooms | $280K | $193.5K | -30.9% |
Summary: Interlachen-Florahome housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.4%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes decreased by 19.3%, 4 bedroom homes decreased by 31.4%, and 5+ bedroom homes decreased by 30.9%.
Median Sold Price Compared To Nearby Cities
Palatka | $208.2K | $218.2K | +4.8% |
Melrose | $269K | $270K | 0.4% |
Interlachen | $194.5K | $180K | -7.4% |
Interlachen-Florahome | $260K | $220K | -15.4% |
Housing Supply in Interlachen-Florahome, FL
How many homes are available in Interlachen-Florahome, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
128 | 126 | -1.6% |
Summary: The Interlachen-Florahome real estate market had 126 homes for sale in March 2024, a 1.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 24 | 27 | +12.5% |
3 Bedrooms | 72 | 70 | -2.8% |
4 Bedrooms | 26 | 23 | -11.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Interlachen-Florahome housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 23 | -11.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Interlachen-Florahome in March 2024, down by 11.5% month-over-month. Of the 23 sold homes, 57% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Interlachen-Florahome, FL
How long does it take to sell a home in Interlachen-Florahome, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 50 Days | -15.5% |
Summary: Homes in Interlachen-Florahome had an average of 50 days on market in Mar 2024, down by 15.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in Interlachen-Florahome; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.