Is University, 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, University has remained a Seller's Market.
Housing Prices in University, FL
How much do homes in University, FL cost?
Median Sold Price
$343,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in University was $343,000 in April 2024, down 2% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $179.5K | $190K | +5.8% |
2 Bedrooms | $235.5K | $249K | +5.7% |
3 Bedrooms | $345K | $350K | +1.4% |
4 Bedrooms | $425K | $425K | 0.0% |
5+ Bedrooms | $746.8K | $626.2K | -16.1% |
Summary: University housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.8%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 16.1%.
Housing Supply in University, FL
How many homes are available in University, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 54 | 0.0% |
Summary: The University real estate market had 54 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 20 | 17 | -15.0% |
3 Bedrooms | 18 | 23 | +27.8% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The University housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 15%, 3 bedroom homes increased by 27.8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in University in April 2024, down by 23.5% month-over-month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.
Days on Market for University, FL
How long does it take to sell a home in University, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 44 Days | +45.1% |
Summary: Homes in University had an average of 44 days on market in Apr 2024, up by 45.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in University; 31% of homes were sold within 30 days, 69% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.