Is Florida, NY 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, Florida has remained a Seller's Market.
Housing Prices in Florida, NY
How much do homes in Florida, NY cost?
Median Sold Price
$351,500
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Florida was $351,500 in April 2024, up 9.8% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177.4K | $316.5K | +78.4% |
2 Bedrooms | $250K | $299.5K | +19.8% |
3 Bedrooms | $290K | $360K | +24.1% |
4 Bedrooms | $435K | $560K | +28.7% |
5+ Bedrooms | $260K | $585K | +125.0% |
Summary: Florida housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.4%, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 28.7%, and 5+ bedroom homes increased by 125%.
Median Sold Price Compared To Nearby Cities
Florida | $320K | $351.5K | +9.8% |
Amsterdam | $170K | $174.3K | +2.5% |
Housing Supply in Florida, NY
How many homes are available in Florida, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 33 | +22.2% |
Summary: The Florida real estate market had 33 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Florida 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 9 | +350.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Florida in April 2024, up by 350.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Florida, NY
How long does it take to sell a home in Florida, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
115 Days | 60 Days | -48.1% |
Summary: Homes in Florida had an average of 60 days on market in Apr 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Florida; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.