Is On Top of the World, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, On Top of the World was a Seller's Market.
Housing Prices in On Top of the World, FL
How much do homes in On Top of the World, FL cost?
Median Sold Price
$184,500
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in On Top of the World was $184,500 in March 2024, down 2.9% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $139.9K | +3.6% |
2 Bedrooms | $199.9K | $190K | -5.0% |
3 Bedrooms | $350K | $315K | -10.0% |
4 Bedrooms | $395K | $492.5K | +24.7% |
5+ Bedrooms | - | - | N/A |
Summary: On Top of the World housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 24.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Harbor Lake | $345K | $400K | +15.9% |
Hillcrest Villas | $269K | $278.3K | +3.5% |
On Top of the World | $190K | $184.5K | -2.9% |
Housing Supply in On Top of the World, FL
How many homes are available in On Top of the World, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
149 | 144 | -3.4% |
Summary: The On Top of the World real estate market had 144 homes for sale in March 2024, a 3.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 10 | -23.1% |
2 Bedrooms | 130 | 127 | -2.3% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The On Top of the World housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 23.1%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 23 | +9.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in On Top of the World in March 2024, up by 9.5% month-over-month. Of the 23 sold homes, 65% were sold under asking, 26% were sold at asking, and 9% were sold over asking.
Days on Market for On Top of the World, FL
How long does it take to sell a home in On Top of the World, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 50 Days | -11.7% |
Summary: Homes in On Top of the World had an average of 50 days on market in Mar 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in On Top of the World; 48% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.