Is Central Downtown, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Central Downtown has remained a Buyer's Market.
Housing Prices in Central Downtown, FL
How much do homes in Central Downtown, FL cost?
Median Sold Price
$475,000
$547/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Central Downtown was $475,000 in May 2024, up 54.5% from last month, and the median price per square foot was $547.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $225K | 0.0% |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $390K | $725K | +85.9% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Central Downtown housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 85.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Central Downtown, FL
How many homes are available in Central Downtown, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 15 | -11.8% |
Summary: The Central Downtown real estate market had 15 homes for sale in May 2024, a 11.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Central Downtown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Central Downtown in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Central Downtown, FL
How long does it take to sell a home in Central Downtown, FL?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 Days | 23 Days | -42.5% |
Summary: Homes in Central Downtown had an average of 23 days on market in May 2024, down by 42.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Central Downtown; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.