Is Snell Island, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Snell Island was a Seller's Market.
Housing Prices in Snell Island, FL
How much do homes in Snell Island, FL cost?
Median Sold Price
$1,189,000
$618/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Snell Island was $1,189,000 in March 2024, down 18% from last year, and the median price per square foot was $618.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $806.5K | $900K | +11.6% |
3 Bedrooms | $933.7K | $1.0M | +7.6% |
4 Bedrooms | $1.8M | $2.5M | +36.8% |
5+ Bedrooms | $3.1M | $5.0M | +59.5% |
Summary: Snell Island housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 59.5%.
Median Sold Price Compared To Nearby Neighborhoods
North East Park | $395K | $430K | +8.9% |
Snell Island | $1.4M | $1.1M | -18.0% |
Housing Supply in Snell Island, FL
How many homes are available in Snell Island, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
61 | 66 | +8.2% |
Summary: The Snell Island real estate market had 66 homes for sale in March 2024, a 8.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 19 | 21 | +10.5% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Snell Island housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Snell Island in March 2024, up by 133.3% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Snell Island, FL
How long does it take to sell a home in Snell Island, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
73 Days | 125 Days | +71.7% |
Summary: Homes in Snell Island had an average of 125 days on market in Mar 2024, up by 71.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Snell Island; 43% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.