Is Virginia Park, 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, Virginia Park has remained a Seller's Market.
Housing Prices in Virginia Park, FL
How much do homes in Virginia Park, FL cost?
Median Sold Price
$1,075,000
$447/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Virginia Park was $1,075,000 in April 2024, up 11.4% from last year, and the median price per square foot was $447.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $621K | $500K | -19.5% |
3 Bedrooms | $750K | $749K | -0.1% |
4 Bedrooms | $1.0M | $1.2M | +20.0% |
5+ Bedrooms | $1.7M | $1.7M | -2.2% |
Summary: Virginia Park 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 decreased by 19.5%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 2.2%.
Median Sold Price Compared To Nearby Neighborhoods
Palma Ceia West | $895K | $1.4M | +56.4% |
Virginia Park | $965K | $1.0M | +11.4% |
Palma Ceia | $950K | $1.0M | +10.5% |
South Tampa | $623.5K | $653.2K | +4.8% |
Bayshore Beautiful | $1.3M | $1.2M | -4.8% |
Housing Supply in Virginia Park, FL
How many homes are available in Virginia Park, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 24 | -4.0% |
Summary: The Virginia Park real estate market had 24 homes for sale in April 2024, a 4.0% decrease 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 | 0 | 1 | +100.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 9 | 6 | -33.3% |
Summary: The Virginia Park 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Virginia Park in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.
Days on Market for Virginia Park, FL
How long does it take to sell a home in Virginia Park, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 15 Days | -72.2% |
Summary: Homes in Virginia Park had an average of 15 days on market in Apr 2024, down by 72.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Virginia Park; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.