Is 32277, 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, 32277 has remained a Seller's Market.
Key Takeaway
32277 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32277, FL
How much do homes in 32277, FL cost?
Median Sold Price
$305,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 32277 have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in 32277 was $305,000 in May 2024, up 8.9% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | $179.2K | $188.5K | +5.2% |
| 3 Bedrooms | $275K | $300K | +9.1% |
| 4 Bedrooms | $360K | $344K | -4.4% |
| 5+ Bedrooms | $479.9K | $457.7K | -4.6% |
Summary: 32277 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 5.2%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 4.6%.
Housing Supply in 32277, FL
How many homes are available in 32277, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 103 | 106 | +2.9% |
Summary: The 32277 real estate market had 106 homes for sale in May 2024, a 2.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 6 | 11 | +83.3% |
| 3 Bedrooms | 49 | 55 | +12.2% |
| 4 Bedrooms | 41 | 34 | -17.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 32277 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 83.3%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 26 | -23.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32277, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 32277 in May 2024, down by 23.5% month-over-month. Of the 26 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% were sold over asking.
Days on Market for 32277, FL
How long does it take to sell a home in 32277, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 56 Days | 52 Days | -6.1% |
Summary: Homes in 32277 had an average of 52 days on market in May 2024, down by 6.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32277 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 26 homes were sold in 32277; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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