Is 32818, 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, 32818 has remained a Seller's Market.
Key Takeaway
32818 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 32818, FL
How much do homes in 32818, FL cost?
Median Sold Price
$360,200
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 32818 have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in 32818 was $360,200 in May 2024, up 10.3% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $79K | $105K | +32.9% |
| 2 Bedrooms | $131K | $201K | +53.4% |
| 3 Bedrooms | $318K | $350K | +10.1% |
| 4 Bedrooms | $382K | $400K | +4.7% |
| 5+ Bedrooms | $390K | $410K | +5.1% |
Summary: 32818 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.9%, 2 bedroom homes increased by 53.4%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 5.1%.
Housing Supply in 32818, FL
How many homes are available in 32818, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 127 | 113 | -11.0% |
Summary: The 32818 real estate market had 113 homes for sale in May 2024, a 11.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 8 | 4 | -50.0% |
| 3 Bedrooms | 60 | 63 | +5.0% |
| 4 Bedrooms | 51 | 40 | -21.6% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 32818 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 21.6%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 | 31 | -31.1% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32818, you may be able to get a good deal. 58.1% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 32818 in May 2024, down by 31.1% month-over-month. Of the 31 sold homes, 58% were sold under asking, 32% were sold at asking, and 10% were sold over asking.
Days on Market for 32818, FL
How long does it take to sell a home in 32818, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 52 Days | +87.6% |
Summary: Homes in 32818 had an average of 52 days on market in May 2024, up by 87.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32818 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 31 homes were sold in 32818; 45% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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