Is North Peninsula, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, North Peninsula was a Seller's Market.
Housing Prices in North Peninsula, FL
How much do homes in North Peninsula, FL cost?
Median Sold Price
$346,675
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Peninsula was $346,675 in May 2024, up 4.1% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $180K | $142K | -21.1% |
2 Bedrooms | $320K | $310K | -3.1% |
3 Bedrooms | $418.2K | $453K | +8.3% |
4 Bedrooms | $545K | $700K | +28.4% |
5+ Bedrooms | $575K | $563.7K | -2.0% |
Summary: North Peninsula housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
Daytona Beach | $263.1K | $299.1K | +13.7% |
Ormond Beach | $395.2K | $421.3K | +6.6% |
North Peninsula | $332.9K | $346.6K | +4.1% |
Daytona Beach Shores | $465K | $440K | -5.4% |
Flagler Beach | $550K | $499.8K | -9.1% |
Housing Supply in North Peninsula, FL
How many homes are available in North Peninsula, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
304 | 329 | +8.2% |
Summary: The North Peninsula real estate market had 329 homes for sale in May 2024, a 8.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 37 | 46 | +24.3% |
2 Bedrooms | 148 | 162 | +9.5% |
3 Bedrooms | 81 | 80 | -1.2% |
4 Bedrooms | 26 | 25 | -3.8% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The North Peninsula housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 24.3%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 33 | -15.4% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in North Peninsula in May 2024, down by 15.4% month-over-month. Of the 33 sold homes, 85% were sold under asking, 9% were sold at asking, and 6% were sold over asking.
Days on Market for North Peninsula, FL
How long does it take to sell a home in North Peninsula, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
55 Days | 88 Days | +59.8% |
Summary: Homes in North Peninsula had an average of 88 days on market in May 2024, up by 59.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 33 homes were sold in North Peninsula; 24% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.