Is 34637, 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, 34637 has remained a Seller's Market.
Key Takeaway
34637 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34637, FL
How much do homes in 34637, FL cost?
Median Sold Price
$412,046
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 34637 have sold for 6.4% less than they did a year ago.
Summary: The median home sold price in 34637 was $412,046 in May 2024, down 6.4% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $192.4K | N/A |
| 2 Bedrooms | $330K | $308.1K | -6.6% |
| 3 Bedrooms | $370.6K | $362.4K | -2.2% |
| 4 Bedrooms | $554.9K | $522K | -5.9% |
| 5+ Bedrooms | $680K | $605.3K | -11.0% |
Summary: 34637 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 decreased by 6.6%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 11%.
Housing Supply in 34637, FL
How many homes are available in 34637, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 132 | 129 | -2.3% |
Summary: The 34637 real estate market had 129 homes for sale in May 2024, a 2.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 26 | 20 | -23.1% |
| 3 Bedrooms | 54 | 51 | -5.6% |
| 4 Bedrooms | 28 | 28 | 0.0% |
| 5+ Bedrooms | 22 | 28 | +27.3% |
Summary: The 34637 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 23.1%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 39 | +50.0% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34637, you may be able to get a good deal. 48.7% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in 34637 in May 2024, up by 50.0% month-over-month. Of the 39 sold homes, 49% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for 34637, FL
How long does it take to sell a home in 34637, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 23 Days | 42 Days | +78.7% |
Summary: Homes in 34637 had an average of 42 days on market in May 2024, up by 78.7% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34637 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 39 homes were sold in 34637; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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