Is Oceanway, 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, Oceanway has remained a Seller's Market.
Housing Prices in Oceanway, FL
How much do homes in Oceanway, FL cost?
Median Sold Price
$345,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oceanway was $345,000 in April 2024, up 0.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $170K | $107.3K | -36.9% |
3 Bedrooms | $305K | $315K | +3.3% |
4 Bedrooms | $369.2K | $369.9K | 0.2% |
5+ Bedrooms | $451.5K | $426.2K | -5.6% |
Summary: Oceanway 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 36.9%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in Oceanway, FL
How many homes are available in Oceanway, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 82 | +1.2% |
Summary: The Oceanway real estate market had 82 homes for sale in April 2024, a 1.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 34 | 34 | 0.0% |
4 Bedrooms | 35 | 37 | +5.7% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Oceanway 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Oceanway in April 2024, up by 50.0% month-over-month. Of the 18 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Oceanway, FL
How long does it take to sell a home in Oceanway, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
93 Days | 46 Days | -51.0% |
Summary: Homes in Oceanway had an average of 46 days on market in Apr 2024, down by 51% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Oceanway; 50% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.