Is 34747, 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, 34747 was a Seller's Market.
Housing Prices in 34747, FL
How much do homes in 34747, FL cost?
Median Sold Price
$435,555
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 34747 was $435,555 in May 2024, down 5.3% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $200K | -7.0% |
2 Bedrooms | $285K | $282.7K | -0.8% |
3 Bedrooms | $369.9K | $368.4K | -0.4% |
4 Bedrooms | $471.5K | $474.9K | +0.7% |
5+ Bedrooms | $726.1K | $688.3K | -5.2% |
Summary: 34747 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 5.2%.
Housing Supply in 34747, FL
How many homes are available in 34747, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,239 | 1,292 | +4.3% |
Summary: The 34747 real estate market had 1,292 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 45 | 52 | +15.6% |
2 Bedrooms | 117 | 130 | +11.1% |
3 Bedrooms | 428 | 416 | -2.8% |
4 Bedrooms | 232 | 235 | +1.3% |
5+ Bedrooms | 417 | 459 | +10.1% |
Summary: The 34747 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.6%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 10.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
133 | 144 | +8.3% |
Asking Price vs. Sold Price
111 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 144 homes were sold or pending in 34747 in May 2024, up by 8.3% month-over-month. Of the 144 sold homes, 77% were sold under asking, 19% were sold at asking, and 4% were sold over asking.
Days on Market for 34747, FL
How long does it take to sell a home in 34747, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 88 Days | +48.3% |
Summary: Homes in 34747 had an average of 88 days on market in May 2024, up by 48.3% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
38 Homes Were Sold
In 30 - 90 Days
46 Homes Were Sold
Over 90 Days
Summary: During May 2024, 144 homes were sold in 34747; 42% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.