Is Olympia Heights, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Olympia Heights has remained a Seller's Market.
Housing Prices in Olympia Heights, FL
How much do homes in Olympia Heights, FL cost?
Median Sold Price
$730,000
$443/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Olympia Heights was $730,000 in April 2024, up 11.5% from last month, and the median price per square foot was $443.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $631.5K | $617.5K | -2.2% |
4 Bedrooms | $705K | $750K | +6.4% |
5+ Bedrooms | - | $773K | N/A |
Summary: Olympia Heights housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Olympia Heights | $655K | $730K | +11.5% |
Tropical Estates | $575K | $591.2K | +2.8% |
Housing Supply in Olympia Heights, FL
How many homes are available in Olympia Heights, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 21 | -8.7% |
Summary: The Olympia Heights real estate market had 21 homes for sale in April 2024, a 8.7% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Olympia Heights 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Olympia Heights in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 0% were sold at asking, and 22% were sold over asking.
Days on Market for Olympia Heights, FL
How long does it take to sell a home in Olympia Heights, FL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 44 Days | +12.8% |
Summary: Homes in Olympia Heights had an average of 44 days on market in Apr 2024, up by 12.8% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Olympia Heights; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.