Is North Davis Shores, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Davis Shores is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, North Davis Shores was a Seller's Market.

Key Takeaway

North Davis Shores is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Davis Shores, FL

How much do homes in North Davis Shores, FL cost?

Median Sold Price

$470,000

$356/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$180,000(-27.7%)

Key Takeaway

Homes in North Davis Shores have sold for 27.7% less than they did a year ago.

Summary: The median home sold price in North Davis Shores was $470,000 in April 2024, down 27.7% from last year, and the median price per square foot was $356.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$215K
N/A
2 $475K$455K
-4.2%
3 $612.5K$704K
+14.9%
4 $725K$630K
-13.1%
5+ $710K-
N/A

Summary: North Davis Shores housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 14.9%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes did not change.

Housing Supply in North Davis Shores, FL

How many homes are available in North Davis Shores, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1718+5.9%

Summary: The North Davis Shores real estate market had 18 homes for sale in April 2024, a 5.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 55
0.0%
3 78
+14.3%
4 22
0.0%
5+ 11
0.0%

Summary: The North Davis Shores housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Davis Shores, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in North Davis Shores in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for North Davis Shores, FL

How long does it take to sell a home in North Davis Shores, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
86 Days2 Days-97.7%

Summary: Homes in North Davis Shores had an average of 2 days on market in Apr 2024, down by 97.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Davis Shores are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in North Davis Shores; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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