Is 32003, 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, 32003 has remained a Seller's Market.
Key Takeaway
32003 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32003, FL
How much do homes in 32003, FL cost?
Median Sold Price
$430,000
$209/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since May 2023.
Key Takeaway
The sold price of homes in 32003 has remained the same since last year.
Summary: The median home sold price in 32003 was $430,000 in May 2024, the same as last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $247.5K | $263.4K | +6.4% |
| 3 Bedrooms | $360K | $360K | 0.0% |
| 4 Bedrooms | $475K | $502.5K | +5.8% |
| 5+ Bedrooms | $630K | $645.5K | +2.5% |
Summary: 32003 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 increased by 6.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 32003, FL
How many homes are available in 32003, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 146 | 179 | +22.6% |
Summary: The 32003 real estate market had 179 homes for sale in May 2024, a 22.6% 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 47 | 59 | +25.5% |
| 4 Bedrooms | 57 | 74 | +29.8% |
| 5+ Bedrooms | 38 | 43 | +13.2% |
Summary: The 32003 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 decreased by 25%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes increased by 13.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 34 | +30.8% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32003, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 32003 in May 2024, up by 30.8% month-over-month. Of the 34 sold homes, 71% were sold under asking, 18% were sold at asking, and 12% were sold over asking.
Days on Market for 32003, FL
How long does it take to sell a home in 32003, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 33 Days | -12.4% |
Summary: Homes in 32003 had an average of 33 days on market in May 2024, down by 12.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32003 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 34 homes were sold in 32003; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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