Is Jasmine Estates, 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, Jasmine Estates has remained a Seller's Market.
Key Takeaway
Jasmine Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jasmine Estates, FL
How much do homes in Jasmine Estates, FL cost?
Median Sold Price
$243,500
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Jasmine Estates have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Jasmine Estates was $243,500 in March 2024, up 1.5% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40K | N/A |
| 2 Bedrooms | $223.3K | $225K | +0.7% |
| 3 Bedrooms | $264.9K | $275K | +3.8% |
| 4 Bedrooms | $299.9K | $320K | +6.7% |
| 5+ Bedrooms | $412.5K | $331K | -19.8% |
Summary: Jasmine Estates housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 19.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Jasmine Estates | $240K | $243.5K | +1.5% |
| Worley Lakes | $425K | $425K | 0.0% |
| Bayonet Point | $239.9K | $235K | -2.1% |
| Warner - Boyce Salt Springs | $227K | $166K | -26.9% |
Housing Supply in Jasmine Estates, FL
How many homes are available in Jasmine Estates, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 178 | 167 | -6.2% |
Summary: The Jasmine Estates real estate market had 167 homes for sale in March 2024, a 6.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 92 | 91 | -1.1% |
| 3 Bedrooms | 81 | 73 | -9.9% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Jasmine Estates 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 decreased by 1.1%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 45 | +40.6% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jasmine Estates, you may be able to get a good deal. 57.8% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in Jasmine Estates in March 2024, up by 40.6% month-over-month. Of the 45 sold homes, 58% were sold under asking, 27% were sold at asking, and 16% were sold over asking.
Days on Market for Jasmine Estates, FL
How long does it take to sell a home in Jasmine Estates, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 41 Days | -0.2% |
Summary: Homes in Jasmine Estates had an average of 41 days on market in Mar 2024, down by 0.2% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jasmine Estates are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 45 homes were sold in Jasmine Estates; 49% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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