Is Siesta Key Village, 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, Siesta Key Village has remained a Seller's Market.
Housing Prices in Siesta Key Village, FL
How much do homes in Siesta Key Village, FL cost?
Median Sold Price
$925,000
$740/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Siesta Key Village was $925,000 in April 2024, down 9.8% from last year, and the median price per square foot was $740.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.3M | $1.2M | -3.5% |
2 Bedrooms | $845K | $877.6K | +3.9% |
3 Bedrooms | $1.5M | $4.4M | +176.7% |
4 Bedrooms | - | $4.2M | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Siesta Key Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 176.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Siesta Key | $950K | $1.0M | +5.7% |
Siesta Key Village | $1.0M | $925K | -9.8% |
Housing Supply in Siesta Key Village, FL
How many homes are available in Siesta Key Village, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 16 | -11.1% |
Summary: The Siesta Key Village real estate market had 16 homes for sale in April 2024, a 11.1% 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 | 12 | 8 | -33.3% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Siesta Key Village 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Siesta Key Village in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Siesta Key Village, FL
How long does it take to sell a home in Siesta Key Village, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 134 Days | +210.8% |
Summary: Homes in Siesta Key Village had an average of 134 days on market in Apr 2024, up by 210.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Siesta Key Village; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.