Is Southeast 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
At the same time last year, Southeast Seminole Heights was a Seller's Market.
Key Takeaway
Southeast Seminole Heights is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Southeast Seminole Heights, FL
How much do homes in Southeast Seminole Heights, FL cost?
Median Sold Price
$376,000
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Southeast Seminole Heights has remained the same since last year.
Summary: The median home sold price in Southeast Seminole Heights was $376,000 in March 2024, up 0.3% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $296.4K | -1.2% |
| 3 Bedrooms | $405K | $402.5K | -0.6% |
| 4 Bedrooms | $535K | $435K | -18.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Southeast 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 decreased by 1.2%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 18.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Old Seminole Heights | $390K | $425K | +9.0% |
| East Tampa | $283.2K | $295.2K | +4.2% |
| Southeast Seminole Heights | $375K | $376K | 0.3% |
| Hampton Terrace | $441K | $425K | -3.6% |
Housing Supply in Southeast Seminole Heights, FL
How many homes are available in Southeast Seminole Heights, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 36 | -5.3% |
Summary: The Southeast Seminole Heights real estate market had 36 homes for sale in March 2024, a 5.3% decrease 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 | 7 | 9 | +28.6% |
| 3 Bedrooms | 24 | 19 | -20.8% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Southeast 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 28.6%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Seminole Heights, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Southeast Seminole Heights in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Southeast Seminole Heights, FL
How long does it take to sell a home in Southeast Seminole Heights, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 8 Days | 40 Days | +390.0% |
Summary: Homes in Southeast Seminole Heights had an average of 40 days on market in Mar 2024, up by 390% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Southeast Seminole Heights are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Southeast Seminole Heights; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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