Is North Peninsula, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$349,000
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in North Peninsula was $349,000 in June 2024, up 5.8% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $174K | $140K | -19.5% |
2 Bedrooms | $320K | $308.7K | -3.5% |
3 Bedrooms | $425K | $441.4K | +3.9% |
4 Bedrooms | $564K | $700K | +24.1% |
5+ Bedrooms | $575K | $563.7K | -2.0% |
Summary: North Peninsula housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.5%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
Daytona Beach | $269.8K | $298.9K | +10.8% |
Ormond Beach | $394.7K | $418.3K | +6.0% |
North Peninsula | $329.7K | $349K | +5.8% |
Flagler Beach | $535K | $504.5K | -5.7% |
Daytona Beach Shores | $445K | $415K | -6.7% |
Housing Supply in North Peninsula, FL
How many homes are available in North Peninsula, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
326 | 351 | +7.7% |
Summary: The North Peninsula real estate market had 351 homes for sale in June 2024, a 7.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 46 | 51 | +10.9% |
2 Bedrooms | 160 | 168 | +5.0% |
3 Bedrooms | 81 | 92 | +13.6% |
4 Bedrooms | 23 | 24 | +4.3% |
5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The North Peninsula housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
35 | 34 | -2.9% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in North Peninsula in June 2024, down by 2.9% month-over-month. Of the 34 sold homes, 82% were sold under asking, 12% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
57 Days | 74 Days | +28.9% |
Summary: Homes in North Peninsula had an average of 74 days on market in Jun 2024, up by 28.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During June 2024, 34 homes were sold in North Peninsula; 41% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.