Is Palm Harbor, 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, Palm Harbor was a Seller's Market.
Housing Prices in Palm Harbor, FL
How much do homes in Palm Harbor, FL cost?
Median Sold Price
$436,875
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Palm Harbor was $436,875 in March 2024, up 4% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $160K | +6.7% |
2 Bedrooms | $252K | $255K | +1.2% |
3 Bedrooms | $434.6K | $452K | +4.0% |
4 Bedrooms | $490K | $468K | -4.5% |
5+ Bedrooms | $600K | $565K | -5.8% |
Summary: Palm Harbor housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Neighborhoods
Country Club Cove Palm Coast | $589.9K | $621K | +5.3% |
Palm Harbor | $420K | $436.8K | +4.0% |
Housing Supply in Palm Harbor, FL
How many homes are available in Palm Harbor, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
197 | 227 | +15.2% |
Summary: The Palm Harbor real estate market had 227 homes for sale in March 2024, a 15.2% 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 | 28 | 27 | -3.6% |
3 Bedrooms | 123 | 147 | +19.5% |
4 Bedrooms | 38 | 43 | +13.2% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Palm Harbor 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 decreased by 3.6%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 26 | 0.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Palm Harbor in March 2024, the same as the previous month. Of the 26 sold homes, 77% were sold under asking, 19% were sold at asking, and 4% were sold over asking.
Days on Market for Palm Harbor, FL
How long does it take to sell a home in Palm Harbor, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 73 Days | +52.9% |
Summary: Homes in Palm Harbor had an average of 73 days on market in Mar 2024, up by 52.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in Palm Harbor; 31% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.