Is 29th & Chase, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 29th & Chase is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 29th & Chase was a Neutral Market.

Key Takeaway

29th & Chase is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 29th & Chase, FL

How much do homes in 29th & Chase, FL cost?

Median Sold Price

$155,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,000(+2.6%)

Key Takeaway

Homes in 29th & Chase have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 29th & Chase was $155,000 in November 2024, up 2.6% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $91K$55K
-39.6%
3 $152.5K$158.8K
+4.2%
4 $161.5K$120.5K
-25.4%
5+ $290.9K$175K
-39.8%

Summary: 29th & Chase housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 39.6%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 25.4%, and 5+ bedroom homes decreased by 39.8%.

Housing Supply in 29th & Chase, FL

How many homes are available in 29th & Chase, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1720+17.6%

Summary: The 29th & Chase real estate market had 20 homes for sale in November 2024, a 17.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 88
0.0%
4 69
+50.0%
5+ 11
0.0%

Summary: The 29th & Chase housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 29th & Chase, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 29th & Chase in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 29th & Chase, FL

How long does it take to sell a home in 29th & Chase, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
127 Days4 Days-96.9%

Summary: Homes in 29th & Chase had an average of 4 days on market in Nov 2024, down by 96.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 29th & Chase are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 29th & Chase; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

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