Is Naranja, 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, Naranja has remained a Seller's Market.
Housing Prices in Naranja, FL
How much do homes in Naranja, FL cost?
Median Sold Price
$445,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Naranja was $445,000 in March 2024, up 12.7% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $175K | $180K | +2.9% |
3 Bedrooms | $385K | $420K | +9.1% |
4 Bedrooms | $450K | $497.5K | +10.6% |
5+ Bedrooms | $571K | $615K | +7.7% |
Summary: Naranja 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 2.9%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 7.7%.
Housing Supply in Naranja, FL
How many homes are available in Naranja, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
103 | 108 | +4.9% |
Summary: The Naranja real estate market had 108 homes for sale in March 2024, a 4.9% increase 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 | 11 | 11 | 0.0% |
3 Bedrooms | 58 | 58 | 0.0% |
4 Bedrooms | 26 | 30 | +15.4% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Naranja 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 21 | +10.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Naranja in March 2024, up by 10.5% month-over-month. Of the 21 sold homes, 52% were sold under asking, 19% were sold at asking, and 29% were sold over asking.
Days on Market for Naranja, FL
How long does it take to sell a home in Naranja, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 51 Days | +49.0% |
Summary: Homes in Naranja had an average of 51 days on market in Mar 2024, up by 49% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Naranja; 52% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.