Is North Peninsula, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Peninsula was a Seller's Market.
Housing Prices in North Peninsula, FL
How much do homes in North Peninsula, FL cost?
Median Sold Price
$345,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Peninsula was $345,000 in April 2024, up 4.9% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $192K | $150K | -21.9% |
2 Bedrooms | $319.9K | $315K | -1.5% |
3 Bedrooms | $415K | $450K | +8.4% |
4 Bedrooms | $545K | $700K | +28.4% |
5+ Bedrooms | $575K | $562.5K | -2.2% |
Summary: North Peninsula housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.9%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes decreased by 2.2%.
Median Sold Price Compared To Nearby Cities
Daytona Beach | $265K | $297.5K | +12.3% |
Ormond Beach | $396.1K | $422K | +6.5% |
North Peninsula | $328.8K | $345K | +4.9% |
Daytona Beach Shores | $444K | $445K | 0.2% |
Flagler Beach | $530K | $509.9K | -3.8% |
Housing Supply in North Peninsula, FL
How many homes are available in North Peninsula, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
290 | 319 | +10.0% |
Summary: The North Peninsula real estate market had 319 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 40 | 41 | +2.5% |
2 Bedrooms | 142 | 157 | +10.6% |
3 Bedrooms | 73 | 85 | +16.4% |
4 Bedrooms | 25 | 25 | 0.0% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The North Peninsula housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 16.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 32 | +18.5% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in North Peninsula in April 2024, up by 18.5% month-over-month. Of the 32 sold homes, 84% were sold under asking, 9% were sold at asking, and 6% were sold over asking.
Days on Market for North Peninsula, FL
How long does it take to sell a home in North Peninsula, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 84 Days | +16.1% |
Summary: Homes in North Peninsula had an average of 84 days on market in Apr 2024, up by 16.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in North Peninsula; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.