Is Murray Hill, 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, Murray Hill has remained a Seller's Market.
Housing Prices in Murray Hill, FL
How much do homes in Murray Hill, FL cost?
Median Sold Price
$280,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Murray Hill was $280,000 in April 2024, up 3.7% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $124K | $135K | +8.9% |
2 Bedrooms | $240K | $236.5K | -1.5% |
3 Bedrooms | $280K | $297.5K | +6.3% |
4 Bedrooms | $340K | $349K | +2.6% |
5+ Bedrooms | $373K | $432K | +15.8% |
Summary: Murray Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 15.8%.
Housing Supply in Murray Hill, FL
How many homes are available in Murray Hill, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
112 | 119 | +6.3% |
Summary: The Murray Hill real estate market had 119 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 28 | 28 | 0.0% |
3 Bedrooms | 63 | 63 | 0.0% |
4 Bedrooms | 17 | 23 | +35.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Murray Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Murray Hill in April 2024, down by 3.6% month-over-month. Of the 27 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.
Days on Market for Murray Hill, FL
How long does it take to sell a home in Murray Hill, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
91 Days | 45 Days | -50.5% |
Summary: Homes in Murray Hill had an average of 45 days on market in Apr 2024, down by 50.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Murray Hill; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.