Is 32803, 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, 32803 has remained a Seller's Market.
Housing Prices in 32803, FL
How much do homes in 32803, FL cost?
Median Sold Price
$478,750
$331/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 32803 was $478,750 in May 2024, up 5% from last year, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $187K | -6.5% |
2 Bedrooms | $345K | $357.5K | +3.6% |
3 Bedrooms | $475K | $490K | +3.2% |
4 Bedrooms | $700K | $685K | -2.1% |
5+ Bedrooms | $1.0M | $912.5K | -10.8% |
Summary: 32803 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.5%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 10.8%.
Housing Supply in 32803, FL
How many homes are available in 32803, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
109 | 117 | +7.3% |
Summary: The 32803 real estate market had 117 homes for sale in May 2024, a 7.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 23 | 18 | -21.7% |
3 Bedrooms | 56 | 60 | +7.1% |
4 Bedrooms | 17 | 24 | +41.2% |
5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The 32803 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 21.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 27 | -25.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 32803 in May 2024, down by 25.0% month-over-month. Of the 27 sold homes, 59% were sold under asking, 26% were sold at asking, and 15% were sold over asking.
Days on Market for 32803, FL
How long does it take to sell a home in 32803, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 24 Days | -17.2% |
Summary: Homes in 32803 had an average of 24 days on market in May 2024, down by 17.2% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in 32803; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.