Is Southside, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Southside has remained a Buyer's Market.
Housing Prices in Southside, FL
How much do homes in Southside, FL cost?
Median Sold Price
$1,000,000
$647/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Southside was $1,000,000 in February 2024, up 5.3% from last year, and the median price per square foot was $647.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $85K | -32.0% |
2 Bedrooms | $690K | $824K | +19.4% |
3 Bedrooms | $1.0M | $915K | -12.9% |
4 Bedrooms | $2.8M | $2.2M | -19.2% |
5+ Bedrooms | $3.4M | $4.0M | +18.3% |
Summary: Southside housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32%, 2 bedroom homes increased by 19.4%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes increased by 18.3%.
Housing Supply in Southside, FL
How many homes are available in Southside, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
88 | 96 | +9.1% |
Summary: The Southside real estate market had 96 homes for sale in February 2024, a 9.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 14 | 12 | -14.3% |
3 Bedrooms | 33 | 35 | +6.1% |
4 Bedrooms | 26 | 30 | +15.4% |
5+ Bedrooms | 14 | 18 | +28.6% |
Summary: The Southside housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
6 | 13 | +116.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Southside in February 2024, up by 116.7% month-over-month. Of the 13 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% were sold over asking.
Days on Market for Southside, FL
How long does it take to sell a home in Southside, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
85 Days | 55 Days | -34.3% |
Summary: Homes in Southside had an average of 55 days on market in Feb 2024, down by 34.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 13 homes were sold in Southside; 46% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.