Is Mid-Town, 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, Mid-Town has remained a Buyer's Market.
Housing Prices in Mid-Town, FL
How much do homes in Mid-Town, FL cost?
Median Sold Price
$4,450,000
$2,456/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mid-Town was $4,450,000 in April 2024, down 19.4% from last year, and the median price per square foot was $2,456.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.7M | $1.7M | +1.5% |
2 Bedrooms | $3.0M | $3.1M | +1.2% |
3 Bedrooms | $7.5M | $8.2M | +8.8% |
4 Bedrooms | $10.9M | $10.4M | -5.2% |
5+ Bedrooms | $23.8M | $14.0M | -41.3% |
Summary: Mid-Town housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 41.3%.
Housing Supply in Mid-Town, FL
How many homes are available in Mid-Town, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 77 | -4.9% |
Summary: The Mid-Town real estate market had 77 homes for sale in April 2024, a 4.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 26 | 25 | -3.8% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 9 | 7 | -22.2% |
5+ Bedrooms | 26 | 24 | -7.7% |
Summary: The Mid-Town housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 4 | -63.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Mid-Town in April 2024, down by 63.6% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mid-Town, FL
How long does it take to sell a home in Mid-Town, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
128 Days | 67 Days | -47.7% |
Summary: Homes in Mid-Town had an average of 67 days on market in Apr 2024, down by 47.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Mid-Town; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.