Is North East Park, 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, North East Park has remained a Seller's Market.
Key Takeaway
North East Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North East Park, FL
How much do homes in North East Park, FL cost?
Median Sold Price
$417,500
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North East Park have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in North East Park was $417,500 in April 2024, up 5.2% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $175K | +11.1% |
| 2 Bedrooms | $315K | $305K | -3.2% |
| 3 Bedrooms | $510.5K | $584K | +14.4% |
| 4 Bedrooms | $739K | $1.0M | +46.5% |
| 5+ Bedrooms | $1.1M | $1.5M | +28.2% |
Summary: North East Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 46.5%, and 5+ bedroom homes increased by 28.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Edgemoor | $356.5K | $376.5K | +5.6% |
| North East Park | $397K | $417.5K | +5.2% |
| Snell Island | $1.5M | $1.1M | -24.0% |
Housing Supply in North East Park, FL
How many homes are available in North East Park, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 101 | 98 | -3.0% |
Summary: The North East Park real estate market had 98 homes for sale in April 2024, a 3.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 19 | -9.5% |
| 2 Bedrooms | 41 | 40 | -2.4% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The North East Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.5%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 18 | -28.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North East Park, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in North East Park in April 2024, down by 28.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.
Days on Market for North East Park, FL
How long does it take to sell a home in North East Park, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 57 Days | +126.7% |
Summary: Homes in North East Park had an average of 57 days on market in Apr 2024, up by 126.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North East Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in North East Park; 50% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.