Is Pace, 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, Pace has remained a Seller's Market.
Housing Prices in Pace, FL
How much do homes in Pace, FL cost?
Median Sold Price
$367,500
$191/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Pace was $367,500 in March 2024, up 13.8% from last month, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $238K | $294.5K | +23.7% |
4 Bedrooms | $408K | $497.5K | +21.9% |
5+ Bedrooms | - | - | N/A |
Summary: Pace housing prices by bedroom type for March 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 increased by 23.7%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pace | $323K | $367.5K | +13.8% |
Skyline | $342.5K | $287K | -16.2% |
Housing Supply in Pace, FL
How many homes are available in Pace, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 17 | -5.6% |
Summary: The Pace real estate market had 17 homes for sale in March 2024, a 5.6% decrease 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 | 0 | 1 | +100.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pace 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 increased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Pace in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Pace, FL
How long does it take to sell a home in Pace, FL?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 73 Days | +2.0% |
Summary: Homes in Pace had an average of 73 days on market in Mar 2024, up by 2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Pace; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.