Is South Seminole Heights, 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, South Seminole Heights has remained a Seller's Market.
Housing Prices in South Seminole Heights, FL
How much do homes in South Seminole Heights, FL cost?
Median Sold Price
$500,000
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in South Seminole Heights was $500,000 in March 2024, up 5.3% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $362.5K | $395K | +9.0% |
3 Bedrooms | $482.5K | $492.5K | +2.1% |
4 Bedrooms | $699K | $680.8K | -2.6% |
5+ Bedrooms | $1.4M | $690K | -52.3% |
Summary: South Seminole Heights 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 9%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 52.3%.
Median Sold Price Compared To Nearby Neighborhoods
Old Seminole Heights | $390K | $425K | +9.0% |
South Seminole Heights | $475K | $500K | +5.3% |
Housing Supply in South Seminole Heights, FL
How many homes are available in South Seminole Heights, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Summary: The South Seminole Heights real estate market had 22 homes for sale in March 2024, a 22.2% 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 | 2 | 5 | +150.0% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The South Seminole Heights 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 150%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in South Seminole Heights in March 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for South Seminole Heights, FL
How long does it take to sell a home in South Seminole Heights, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 21 Days | -58.3% |
Summary: Homes in South Seminole Heights had an average of 21 days on market in Mar 2024, down by 58.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in South Seminole Heights; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.