Is 32811, 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, 32811 has remained a Seller's Market.
Key Takeaway
32811 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32811, FL
How much do homes in 32811, FL cost?
Median Sold Price
$229,916
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in 32811 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | $154.9K | +5.4% |
| 2 Bedrooms | $208K | $198.5K | -4.6% |
| 3 Bedrooms | $260K | $269.9K | +3.8% |
| 4 Bedrooms | $285K | $312.5K | +9.6% |
| 5+ Bedrooms | $505K | $600K | +18.8% |
Summary: 32811 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 18.8%.
Housing Supply in 32811, FL
How many homes are available in 32811, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 183 | 187 | +2.2% |
Summary: The 32811 real estate market had 187 homes for sale in May 2024, a 2.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 19 | +35.7% |
| 2 Bedrooms | 61 | 62 | +1.6% |
| 3 Bedrooms | 77 | 76 | -1.3% |
| 4 Bedrooms | 27 | 25 | -7.4% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 32811 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.7%, 2 bedroom homes increased by 1.6%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 40 | +37.9% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32811, you may be able to get a good deal. 57.5% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in 32811 in May 2024, up by 37.9% month-over-month. Of the 40 sold homes, 57% were sold under asking, 28% were sold at asking, and 15% were sold over asking.
Days on Market for 32811, FL
How long does it take to sell a home in 32811, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 23 Days | 40 Days | +70.5% |
Summary: Homes in 32811 had an average of 40 days on market in May 2024, up by 70.5% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32811 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 40 homes were sold in 32811; 57% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.