Is On Top of the World, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, On Top of the World was a Seller's Market.
Housing Prices in On Top of the World, FL
How much do homes in On Top of the World, FL cost?
Median Sold Price
$185,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in On Top of the World was $185,000 in April 2024, down 2.6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $140K | +3.7% |
2 Bedrooms | $199.9K | $191K | -4.4% |
3 Bedrooms | $350K | $330K | -5.7% |
4 Bedrooms | $495K | $390K | -21.2% |
5+ Bedrooms | - | - | N/A |
Summary: On Top of the World housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Hillcrest Villas | $270.5K | $278.6K | +3.0% |
On Top of the World | $190K | $185K | -2.6% |
Housing Supply in On Top of the World, FL
How many homes are available in On Top of the World, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
145 | 150 | +3.4% |
Summary: The On Top of the World real estate market had 150 homes for sale in April 2024, a 3.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 12 | -7.7% |
2 Bedrooms | 125 | 132 | +5.6% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The On Top of the World housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 16 | -33.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 16 homes were sold or pending in On Top of the World in April 2024, down by 33.3% month-over-month. Of the 16 sold homes, 75% were sold under asking, 19% were sold at asking, and 6% were sold over asking.
Days on Market for On Top of the World, FL
How long does it take to sell a home in On Top of the World, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 79 Days | +64.1% |
Summary: Homes in On Top of the World had an average of 79 days on market in Apr 2024, up by 64.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in On Top of the World; 13% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.