Is Safety Harbor, 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, Safety Harbor has remained a Seller's Market.
Housing Prices in Safety Harbor, FL
How much do homes in Safety Harbor, FL cost?
Median Sold Price
$518,750
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Safety Harbor was $518,750 in May 2024, up 5.4% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $216K | -10.0% |
2 Bedrooms | $283K | $290K | +2.5% |
3 Bedrooms | $495K | $539K | +8.9% |
4 Bedrooms | $745K | $840K | +12.8% |
5+ Bedrooms | $987K | $1.2M | +21.6% |
Summary: Safety Harbor housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 21.6%.
Median Sold Price Compared To Nearby Cities
Safety Harbor | $492K | $518.7K | +5.4% |
Clearwater | $356.4K | $356.2K | -0.1% |
Oldsmar | $396K | $375K | -5.3% |
Housing Supply in Safety Harbor, FL
How many homes are available in Safety Harbor, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
123 | 121 | -1.6% |
Summary: The Safety Harbor real estate market had 121 homes for sale in May 2024, a 1.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 28 | 26 | -7.1% |
3 Bedrooms | 45 | 45 | 0.0% |
4 Bedrooms | 35 | 35 | 0.0% |
5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Safety Harbor housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 22 | -26.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Safety Harbor in May 2024, down by 26.7% month-over-month. Of the 22 sold homes, 59% were sold under asking, 14% were sold at asking, and 27% were sold over asking.
Days on Market for Safety Harbor, FL
How long does it take to sell a home in Safety Harbor, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 23 Days | -25.6% |
Summary: Homes in Safety Harbor had an average of 23 days on market in May 2024, down by 25.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 22 homes were sold in Safety Harbor; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.