Is Tallulah/North Shore, 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, Tallulah/North Shore has remained a Neutral Market.
Housing Prices in Tallulah/North Shore, FL
How much do homes in Tallulah/North Shore, FL cost?
Median Sold Price
$185,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tallulah/North Shore was $185,000 in April 2024, up 15.6% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114.4K | - | N/A |
2 Bedrooms | $114K | $159.4K | +39.9% |
3 Bedrooms | $175K | $191.2K | +9.3% |
4 Bedrooms | $237.5K | $180K | -24.2% |
5+ Bedrooms | - | $1.0M | N/A |
Summary: Tallulah/North Shore housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.9%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 24.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Tallulah/North Shore | $160K | $185K | +15.6% |
North Shore | $203.7K | $200K | -1.8% |
Housing Supply in Tallulah/North Shore, FL
How many homes are available in Tallulah/North Shore, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 46 | +2.2% |
Summary: The Tallulah/North Shore real estate market had 46 homes for sale in April 2024, a 2.2% increase 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 | 11 | 9 | -18.2% |
3 Bedrooms | 31 | 31 | 0.0% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Tallulah/North Shore 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 18.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Tallulah/North Shore in April 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Tallulah/North Shore, FL
How long does it take to sell a home in Tallulah/North Shore, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
102 Days | 112 Days | +10.6% |
Summary: Homes in Tallulah/North Shore had an average of 112 days on market in Apr 2024, up by 10.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Tallulah/North Shore; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.