Is Riverbend, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Riverbend has remained a Seller's Market.
Housing Prices in Riverbend, FL
How much do homes in Riverbend, FL cost?
Median Sold Price
$341,600
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Riverbend was $341,600 in April 2024, down 4.4% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $285K | $240K | -15.8% |
3 Bedrooms | $397.5K | $360K | -9.4% |
4 Bedrooms | $425K | $380K | -10.6% |
5+ Bedrooms | $1.0M | $235K | -77.0% |
Summary: Riverbend housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.8%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes decreased by 77%.
Median Sold Price Compared To Nearby Neighborhoods
Old Seminole Heights | $395K | $425K | +7.6% |
Lowry Park | $315K | $327K | +3.8% |
Riverbend | $357.4K | $341.6K | -4.4% |
Housing Supply in Riverbend, FL
How many homes are available in Riverbend, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 14 | -33.3% |
Summary: The Riverbend real estate market had 14 homes for sale in April 2024, a 33.3% 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 | 6 | 2 | -66.7% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Riverbend 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 decreased by 66.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 3 | -70.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Riverbend in April 2024, down by 70.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Riverbend, FL
How long does it take to sell a home in Riverbend, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 73 Days | +1373.3% |
Summary: Homes in Riverbend had an average of 73 days on market in Apr 2024, up by 1373.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Riverbend; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.