Is Old Seminole Heights, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Old Seminole Heights has remained a Seller's Market.
Key Takeaway
Old Seminole Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Old Seminole Heights, FL
How much do homes in Old Seminole Heights, FL cost?
Median Sold Price
$425,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Old Seminole Heights have sold for 9% more than they did a year ago.
Summary: The median home sold price in Old Seminole Heights was $425,000 in March 2024, up 9% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $254.9K | +70.0% |
| 2 Bedrooms | $327.5K | $330K | +0.8% |
| 3 Bedrooms | $406.2K | $437.5K | +7.7% |
| 4 Bedrooms | $468.2K | $559.9K | +19.6% |
| 5+ Bedrooms | $520K | $545K | +4.8% |
Summary: Old Seminole Heights housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Sulphur Springs | $235K | $262.5K | +11.7% |
| Old Seminole Heights | $390K | $425K | +9.0% |
| Southeast Seminole Heights | $375K | $376K | 0.3% |
| Hampton Terrace | $441K | $425K | -3.6% |
Housing Supply in Old Seminole Heights, FL
How many homes are available in Old Seminole Heights, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 114 | 116 | +1.8% |
Summary: The Old Seminole Heights real estate market had 116 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 22 | 22 | 0.0% |
| 3 Bedrooms | 58 | 59 | +1.7% |
| 4 Bedrooms | 27 | 30 | +11.1% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Old Seminole Heights housing inventory by bedroom type for March 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 1.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Old Seminole Heights, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Old Seminole Heights in March 2024, up by 4.3% month-over-month. Of the 24 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.
Days on Market for Old Seminole Heights, FL
How long does it take to sell a home in Old Seminole Heights, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 75 Days | 63 Days | -16.5% |
Summary: Homes in Old Seminole Heights had an average of 63 days on market in Mar 2024, down by 16.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Old Seminole Heights are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 24 homes were sold in Old Seminole Heights; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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