Is Victoria Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Victoria Park has remained a Seller's Market.
Housing Prices in Victoria Park, FL
How much do homes in Victoria Park, FL cost?
Median Sold Price
$387,500
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Victoria Park was $387,500 in May 2024, down 10.1% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $379K | $370.4K | -2.3% |
3 Bedrooms | $435K | $387.5K | -10.9% |
4 Bedrooms | $549.9K | $490K | -10.9% |
5+ Bedrooms | $565K | $450K | -20.4% |
Summary: Victoria Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes decreased by 20.4%.
Median Sold Price Compared To Nearby Neighborhoods
Victoria Park Northeast | $374K | $375K | 0.3% |
Victoria Park Southeast | $375K | $358.4K | -4.4% |
Victoria Park | $431K | $387.5K | -10.1% |
Housing Supply in Victoria Park, FL
How many homes are available in Victoria Park, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 55 | +5.8% |
Summary: The Victoria Park real estate market had 55 homes for sale in May 2024, a 5.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 30 | 29 | -3.3% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Victoria Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Victoria Park in May 2024, up by 20.0% month-over-month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Victoria Park, FL
How long does it take to sell a home in Victoria Park, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 67 Days | +12.3% |
Summary: Homes in Victoria Park had an average of 67 days on market in May 2024, up by 12.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Victoria Park; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.