Is Parrish, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parrish is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Parrish has remained a Seller's Market.

Key Takeaway

Parrish is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Parrish, FL

How much do homes in Parrish, FL cost?

Median Sold Price

$454,964

$230/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$12,535(-2.7%)

Key Takeaway

Homes in Parrish have sold for 2.7% less than they did a year ago.

Summary: The median home sold price in Parrish was $454,964 in March 2024, down 2.7% from last year, and the median price per square foot was $230.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $361K$428.8K
+18.8%
3 $454.9K$447.5K
-1.6%
4 $506.1K$477.4K
-5.7%
5+ $570K$486.8K
-14.6%

Summary: Parrish housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 14.6%.

Median Sold Price Compared To Nearby Cities

Myakka City
0.1%
Parrish
-2.7%
Wimauma
-4.1%
Ruskin
-4.4%
Ellenton
-12.0%

Housing Supply in Parrish, FL

How many homes are available in Parrish, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
711697-2.0%

Summary: The Parrish real estate market had 697 homes for sale in March 2024, a 2.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 9493
-1.1%
3 305309
+1.3%
4 246243
-1.2%
5+ 6652
-21.2%

Summary: The Parrish 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 1.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 21.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
102138+35.3%

Asking Price vs. Sold Price

84 Homes Were Sold
Under Asking

48 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Parrish, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.

Summary: A total of 138 homes were sold or pending in Parrish in March 2024, up by 35.3% month-over-month. Of the 138 sold homes, 61% were sold under asking, 35% were sold at asking, and 4% were sold over asking.

Days on Market for Parrish, FL

How long does it take to sell a home in Parrish, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
63 Days86 Days+36.9%

Summary: Homes in Parrish had an average of 86 days on market in Mar 2024, up by 36.9% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

43 Homes Were Sold
In 30 - 90 Days

56 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Parrish are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 138 homes were sold in Parrish; 28% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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