Is 32011, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 32011 was a Seller's Market.
Key Takeaway
32011 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 32011, FL
How much do homes in 32011, FL cost?
Median Sold Price
$435,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 32011 have sold for 27.9% more than they did a year ago.
Summary: The median home sold price in 32011 was $435,000 in May 2024, up 27.9% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $212K | $299.5K | +41.3% |
| 3 Bedrooms | $299K | $320K | +7.0% |
| 4 Bedrooms | $490K | $539.9K | +10.2% |
| 5+ Bedrooms | $512.5K | $775K | +51.2% |
Summary: 32011 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 41.3%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 51.2%.
Housing Supply in 32011, FL
How many homes are available in 32011, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 74 | 83 | +12.2% |
Summary: The 32011 real estate market had 83 homes for sale in May 2024, a 12.2% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 28 | 28 | 0.0% |
| 4 Bedrooms | 33 | 40 | +21.2% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The 32011 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 13 | +116.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32011, expect to pay close to the asking price. 84.6% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 32011 in May 2024, up by 116.7% month-over-month. Of the 13 sold homes, 15% were sold under asking, 85% were sold at asking, and 0% were sold over asking.
Days on Market for 32011, FL
How long does it take to sell a home in 32011, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 93 Days | 98 Days | +5.2% |
Summary: Homes in 32011 had an average of 98 days on market in May 2024, up by 5.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32011 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in 32011; 46% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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