Is Seminole, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Seminole has remained a Seller's Market.
Housing Prices in Seminole, FL
How much do homes in Seminole, FL cost?
Median Sold Price
$399,475
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Seminole was $399,475 in March 2024, up 6.9% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $130K | -3.7% |
2 Bedrooms | $275K | $295K | +7.3% |
3 Bedrooms | $448K | $458.8K | +2.4% |
4 Bedrooms | $650K | $640K | -1.5% |
5+ Bedrooms | $942.5K | $900K | -4.5% |
Summary: Seminole housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Cities
Saint Petersburg | $399.9K | $434.8K | +8.7% |
Seminole | $373.6K | $399.4K | +6.9% |
Boca Ciega | $472.7K | $462.8K | -2.1% |
Housing Supply in Seminole, FL
How many homes are available in Seminole, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
456 | 474 | +3.9% |
Summary: The Seminole real estate market had 474 homes for sale in March 2024, a 3.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 31 | +34.8% |
2 Bedrooms | 167 | 178 | +6.6% |
3 Bedrooms | 183 | 181 | -1.1% |
4 Bedrooms | 71 | 72 | +1.4% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Seminole housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 34.8%, 2 bedroom homes increased by 6.6%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
84 | 97 | +15.5% |
Asking Price vs. Sold Price
68 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 97 homes were sold or pending in Seminole in March 2024, up by 15.5% month-over-month. Of the 97 sold homes, 70% were sold under asking, 15% were sold at asking, and 14% were sold over asking.
Days on Market for Seminole, FL
How long does it take to sell a home in Seminole, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 49 Days | +55.0% |
Summary: Homes in Seminole had an average of 49 days on market in Mar 2024, up by 55% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During March 2024, 97 homes were sold in Seminole; 54% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.