Is Keystone-Citrus Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Keystone-Citrus Park is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Keystone-Citrus Park has remained a Seller's Market.

Key Takeaway

Keystone-Citrus Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Keystone-Citrus Park, FL

How much do homes in Keystone-Citrus Park, FL cost?

Median Sold Price

$499,999

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,151(+3.1%)

Key Takeaway

Homes in Keystone-Citrus Park have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Keystone-Citrus Park was $499,999 in March 2024, up 3.1% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $180K$190K
+5.6%
2 $300K$300K
0.0%
3 $436K$442.2K
+1.4%
4 $625.4K$651K
+4.1%
5+ $899.5K$999.9K
+11.2%

Summary: Keystone-Citrus Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Cities

Odessa
+11.1%
Keystone-Citrus Park
+3.1%
Lutz
-0.4%

Housing Supply in Keystone-Citrus Park, FL

How many homes are available in Keystone-Citrus Park, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5615630.4%

Summary: The Keystone-Citrus Park real estate market had 563 homes for sale in March 2024, a 0.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1515
0.0%
2 8085
+6.3%
3 213222
+4.2%
4 184174
-5.4%
5+ 6967
-2.9%

Summary: The Keystone-Citrus Park 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 6.3%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 2.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
137147+7.3%

Asking Price vs. Sold Price

88 Homes Were Sold
Under Asking

36 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Keystone-Citrus Park, you may be able to get a good deal. 59.9% of homes here sold below asking price last month.

Summary: A total of 147 homes were sold or pending in Keystone-Citrus Park in March 2024, up by 7.3% month-over-month. Of the 147 sold homes, 60% were sold under asking, 24% were sold at asking, and 16% were sold over asking.

Days on Market for Keystone-Citrus Park, FL

How long does it take to sell a home in Keystone-Citrus Park, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days35 Days-17.2%

Summary: Homes in Keystone-Citrus Park had an average of 35 days on market in Mar 2024, down by 17.2% compared to last year.

Breakdown of Home Sale Times

99 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Keystone-Citrus Park are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 147 homes were sold in Keystone-Citrus Park; 67% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 15% 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 21 Days Ago

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