Is Trafalgar, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Trafalgar was a Seller's Market.
Key Takeaway
Trafalgar 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 Trafalgar, FL
How much do homes in Trafalgar, FL cost?
Median Sold Price
$420,716
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Trafalgar have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Trafalgar was $420,716 in April 2024, down 4.1% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $342.5K | $357.2K | +4.3% |
| 3 Bedrooms | $417.2K | $400K | -4.1% |
| 4 Bedrooms | $480K | $445K | -7.3% |
| 5+ Bedrooms | $575K | $597.5K | +3.9% |
Summary: Trafalgar 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 4.3%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Burnt Store | $449.4K | $450K | 0.1% |
| Tom Black Lake | $720K | $719.5K | -0.1% |
| Mariner | $385K | $375K | -2.6% |
| Hancock | $389K | $375K | -3.6% |
| Trafalgar | $438.5K | $420.7K | -4.1% |
Housing Supply in Trafalgar, FL
How many homes are available in Trafalgar, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 339 | 350 | +3.2% |
Summary: The Trafalgar real estate market had 350 homes for sale in April 2024, a 3.2% 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 | 28 | 32 | +14.3% |
| 3 Bedrooms | 217 | 223 | +2.8% |
| 4 Bedrooms | 86 | 86 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Trafalgar 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 increased by 14.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 52 | 52 | 0.0% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Trafalgar, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Trafalgar in April 2024, the same as the previous month. Of the 52 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.
Days on Market for Trafalgar, FL
How long does it take to sell a home in Trafalgar, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 76 Days | +104.9% |
Summary: Homes in Trafalgar had an average of 76 days on market in Apr 2024, up by 104.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Trafalgar has remained consistent over time.
Summary: During April 2024, 52 homes were sold in Trafalgar; 33% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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