$4,334 Closing Credit*
$365,000
1,418 SqFt
2 Beds
•2 Full Baths
Listing Office: RC Real Estate Group
Is 32407, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 32407 has remained a Buyer's Market.
Key Takeaway
32407 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32407, FL
How much do homes in 32407, FL cost?
Median Sold Price
$454,080
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,920(-2.3%)
Key Takeaway
Homes in 32407 have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in 32407 was $454,080 in November 2024, down 2.3% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $293K | $370K | +26.3% |
| 2 Bedrooms | $351.7K | $336.5K | -4.3% |
| 3 Bedrooms | $457.8K | $429.9K | -6.1% |
| 4 Bedrooms | $605.1K | $569.6K | -5.9% |
| 5+ Bedrooms | $997.5K | $1.0M | +8.3% |
Summary: 32407 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.3%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 8.3%.
Housing Supply in 32407, FL
How many homes are available in 32407, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 551 | 564 | +2.4% |
Summary: The 32407 real estate market had 564 homes for sale in November 2024, a 2.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 60 | 63 | +5.0% |
| 2 Bedrooms | 189 | 199 | +5.3% |
| 3 Bedrooms | 194 | 196 | +1.0% |
| 4 Bedrooms | 76 | 72 | -5.3% |
| 5+ Bedrooms | 32 | 34 | +6.3% |
Summary: The 32407 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 53 | -10.2% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32407, you may be able to get a good deal. 64.2% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in 32407 in November 2024, down by 10.2% month-over-month. Of the 53 sold homes, 64% were sold under asking, 25% were sold at asking, and 11% were sold over asking.
Days on Market for 32407, FL
How long does it take to sell a home in 32407, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 106 Days | +84.4% |
Summary: Homes in 32407 had an average of 106 days on market in Nov 2024, up by 84.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 32407 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 53 homes were sold in 32407; 30% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.