$7,351 Closing Credit*
$619,000
2,532 SqFt
4 Beds
•2 Full Baths, 1 Partial
Sandy Johnson, Listing Office: UNITED REAL ESTATE PREFERRED
Is 32701, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 32701 was a Seller's Market.
Key Takeaway
32701 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 32701, FL
How much do homes in 32701, FL cost?
Median Sold Price
$287,975
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,100(+4.4%)
Key Takeaway
Homes in 32701 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 32701 was $287,975 in November 2024, up 4.4% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.9K | $132.2K | -11.8% |
| 2 Bedrooms | $195K | $194.6K | -0.2% |
| 3 Bedrooms | $340K | $366.5K | +7.8% |
| 4 Bedrooms | $458K | $452K | -1.3% |
| 5+ Bedrooms | $580K | $472K | -18.6% |
Summary: 32701 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 18.6%.
Housing Supply in 32701, FL
How many homes are available in 32701, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 167 | 171 | +2.4% |
Summary: The 32701 real estate market had 171 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 | 27 | 28 | +3.7% |
| 2 Bedrooms | 59 | 56 | -5.1% |
| 3 Bedrooms | 59 | 67 | +13.6% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 32701 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 17 | -29.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 32701, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 32701 in November 2024, down by 29.2% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.
Days on Market for 32701, FL
How long does it take to sell a home in 32701, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 59 Days | +51.8% |
Summary: Homes in 32701 had an average of 59 days on market in Nov 2024, up by 51.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 32701 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 32701; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
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