Is Normandy Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Normandy Shores was a Seller's Market.
Housing Prices in Normandy Shores, FL
How much do homes in Normandy Shores, FL cost?
Median Sold Price
$1,312,500
$697/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Normandy Shores was $1,312,500 in March 2024, down 32.7% from last year, and the median price per square foot was $697.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242.5K | $281K | +15.9% |
2 Bedrooms | $942.5K | $380K | -59.7% |
3 Bedrooms | $1.7M | $1.3M | -19.9% |
4 Bedrooms | $2.4M | $1.8M | -25.3% |
5+ Bedrooms | $5.4M | $4.8M | -11.7% |
Summary: Normandy Shores housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.9%, 2 bedroom homes decreased by 59.7%, 3 bedroom homes decreased by 19.9%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes decreased by 11.7%.
Housing Supply in Normandy Shores, FL
How many homes are available in Normandy Shores, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 26 | +23.8% |
Summary: The Normandy Shores real estate market had 26 homes for sale in March 2024, a 23.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Normandy Shores housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Normandy Shores in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Normandy Shores, FL
How long does it take to sell a home in Normandy Shores, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
81 Days | 195 Days | +139.3% |
Summary: Homes in Normandy Shores had an average of 195 days on market in Mar 2024, up by 139.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Normandy Shores; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.