Is Riverside Heights, 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, Riverside Heights has remained a Buyer's Market.
Key Takeaway
Riverside Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Riverside Heights, FL
How much do homes in Riverside Heights, FL cost?
Median Sold Price
$870,000
$392/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Riverside Heights have sold for 52.6% more than they did a year ago.
Summary: The median home sold price in Riverside Heights was $870,000 in April 2024, up 52.6% from last year, and the median price per square foot was $392.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $445.7K | $537K | +20.5% |
| 3 Bedrooms | $538.5K | $577K | +7.1% |
| 4 Bedrooms | $874K | $999.9K | +14.4% |
| 5+ Bedrooms | $1.1M | $1.3M | +20.5% |
Summary: Riverside Heights 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 increased by 20.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 20.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Riverside Heights | $570K | $870K | +52.6% |
| Tampa Heights | $503.3K | $599K | +19.0% |
| South Seminole Heights | $492K | $508.5K | +3.4% |
Housing Supply in Riverside Heights, FL
How many homes are available in Riverside Heights, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The Riverside Heights real estate market had 31 homes for sale in April 2024, a 6.9% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Riverside Heights 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Riverside Heights, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Riverside Heights in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Riverside Heights, FL
How long does it take to sell a home in Riverside Heights, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 80 Days | 53 Days | -33.7% |
Summary: Homes in Riverside Heights had an average of 53 days on market in Apr 2024, down by 33.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Riverside Heights are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Riverside Heights; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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