Is 34786, 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, 34786 was a Seller's Market.
Housing Prices in 34786, FL
How much do homes in 34786, FL cost?
Median Sold Price
$760,625
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 34786 was $760,625 in May 2024, up 10.8% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $425K | $1.5M | +276.2% |
2 Bedrooms | $335K | $380K | +13.4% |
3 Bedrooms | $475K | $445K | -6.3% |
4 Bedrooms | $765K | $765K | 0.0% |
5+ Bedrooms | $1.2M | $1.6M | +29.4% |
Summary: 34786 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 276.2%, 2 bedroom homes increased by 13.4%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 29.4%.
Housing Supply in 34786, FL
How many homes are available in 34786, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
300 | 307 | +2.3% |
Summary: The 34786 real estate market had 307 homes for sale in May 2024, a 2.3% 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 | 5 | 6 | +20.0% |
3 Bedrooms | 77 | 70 | -9.1% |
4 Bedrooms | 102 | 104 | +2.0% |
5+ Bedrooms | 116 | 127 | +9.5% |
Summary: The 34786 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 increased by 20%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 51 | -8.9% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in 34786 in May 2024, down by 8.9% month-over-month. Of the 51 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for 34786, FL
How long does it take to sell a home in 34786, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
38 Days | 40 Days | +5.4% |
Summary: Homes in 34786 had an average of 40 days on market in May 2024, up by 5.4% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 51 homes were sold in 34786; 63% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.