Is Skyline, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Skyline is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Skyline has remained a Seller's Market.

Key Takeaway

Skyline is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Skyline, FL

How much do homes in Skyline, FL cost?

Median Sold Price

$302,500

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$45,000(-12.9%)

Key Takeaway

Homes in Skyline have sold for 12.9% less than they did a year ago.

Summary: The median home sold price in Skyline was $302,500 in May 2024, down 12.9% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 --
N/A
3 $295K$265K
-10.2%
4 $380K$329.5K
-13.3%
5+ $417.4K$382.7K
-8.3%

Summary: Skyline housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Cities

East Milton
-0.2%
Milton
-3.2%
Skyline
-12.9%

Housing Supply in Skyline, FL

How many homes are available in Skyline, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1315+15.4%

Summary: The Skyline real estate market had 15 homes for sale in May 2024, a 15.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 45
+25.0%
5+ 22
0.0%

Summary: The Skyline housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Skyline, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Skyline in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Skyline, FL

How long does it take to sell a home in Skyline, FL?

Average Sale Time

May 2023May 2024CHANGE
22 Days19 Days-12.9%

Summary: Homes in Skyline had an average of 19 days on market in May 2024, down by 12.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Skyline are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Skyline; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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