Is Seminole, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Seminole has remained a Seller's Market.
Key Takeaway
Seminole is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seminole, FL
How much do homes in Seminole, FL cost?
Median Sold Price
$424,437
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Seminole have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Seminole was $424,437 in June 2024, up 13.2% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125.9K | $131.5K | +4.4% |
| 2 Bedrooms | $285K | $300K | +5.3% |
| 3 Bedrooms | $449.9K | $478.2K | +6.3% |
| 4 Bedrooms | $628.5K | $652.5K | +3.8% |
| 5+ Bedrooms | $843.7K | $800K | -5.2% |
Summary: Seminole housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Cities
| Seminole | $374.9K | $424.4K | +13.2% |
| Saint Petersburg | $404.8K | $439.7K | +8.6% |
| Boca Ciega | $466.3K | $489.9K | +5.0% |
Housing Supply in Seminole, FL
How many homes are available in Seminole, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 522 | 524 | 0.4% |
Summary: The Seminole real estate market had 524 homes for sale in June 2024, a 0.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 37 | 45 | +21.6% |
| 2 Bedrooms | 186 | 184 | -1.1% |
| 3 Bedrooms | 197 | 182 | -7.6% |
| 4 Bedrooms | 86 | 97 | +12.8% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Seminole housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.6%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 100 | 106 | +6.0% |
Asking Price vs. Sold Price
72 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seminole, you may be able to get a good deal. 67.9% of homes here sold below asking price last month.
Summary: A total of 106 homes were sold or pending in Seminole in June 2024, up by 6.0% month-over-month. Of the 106 sold homes, 68% were sold under asking, 13% were sold at asking, and 19% 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
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 28 Days | 37 Days | +31.5% |
Summary: Homes in Seminole had an average of 37 days on market in Jun 2024, up by 31.5% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seminole are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 106 homes were sold in Seminole; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.