Is RiverTown, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, RiverTown was a Seller's Market.
Key Takeaway
RiverTown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in RiverTown, FL
How much do homes in RiverTown, FL cost?
Median Sold Price
$581,259
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in RiverTown have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in RiverTown was $581,259 in April 2024, up 4.5% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $469.4K | $481.8K | +2.6% |
| 3 Bedrooms | $508.5K | $518.2K | +1.9% |
| 4 Bedrooms | $617.4K | $590K | -4.4% |
| 5+ Bedrooms | $740.8K | $793.5K | +7.1% |
Summary: RiverTown 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 2.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in RiverTown, FL
How many homes are available in RiverTown, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 113 | 100 | -11.5% |
Summary: The RiverTown real estate market had 100 homes for sale in April 2024, a 11.5% 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 | 20 | 18 | -10.0% |
| 3 Bedrooms | 36 | 32 | -11.1% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 35 | 30 | -14.3% |
Summary: The RiverTown 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 10%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in RiverTown, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 14 homes were sold or pending in RiverTown in April 2024, down by 6.7% month-over-month. Of the 14 sold homes, 43% were sold under asking, 50% were sold at asking, and 7% were sold over asking.
Days on Market for RiverTown, FL
How long does it take to sell a home in RiverTown, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 155 Days | 83 Days | -46.3% |
Summary: Homes in RiverTown had an average of 83 days on market in Apr 2024, down by 46.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in RiverTown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 14 homes were sold in RiverTown; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
