Is 34744, 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, 34744 has remained a Seller's Market.
Key Takeaway
34744 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34744, FL
How much do homes in 34744, FL cost?
Median Sold Price
$394,915
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 34744 have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in 34744 was $394,915 in May 2024, down 0.8% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172K | $155K | -9.9% |
| 2 Bedrooms | $334.8K | $325.3K | -2.8% |
| 3 Bedrooms | $365K | $361.7K | -0.9% |
| 4 Bedrooms | $430K | $450K | +4.7% |
| 5+ Bedrooms | $528.4K | $578.9K | +9.6% |
Summary: 34744 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.9%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 9.6%.
Housing Supply in 34744, FL
How many homes are available in 34744, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 478 | 492 | +2.9% |
Summary: The 34744 real estate market had 492 homes for sale in May 2024, a 2.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 50 | 54 | +8.0% |
| 3 Bedrooms | 212 | 208 | -1.9% |
| 4 Bedrooms | 154 | 168 | +9.1% |
| 5+ Bedrooms | 59 | 58 | -1.7% |
Summary: The 34744 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 1.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 69 | 103 | +49.3% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34744, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 103 homes were sold or pending in 34744 in May 2024, up by 49.3% month-over-month. Of the 103 sold homes, 56% were sold under asking, 34% were sold at asking, and 10% were sold over asking.
Days on Market for 34744, FL
How long does it take to sell a home in 34744, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 42 Days | +1.8% |
Summary: Homes in 34744 had an average of 42 days on market in May 2024, up by 1.8% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34744 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 103 homes were sold in 34744; 48% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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