$6,233 Closing Credit*
$524,900
1,818 SqFt
3 Beds
•2 Full Baths, 1 Partial
Darren Boole, Listing Office: In Florida Properties Inc
Is 34109, 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, 34109 was a Seller's Market.
Key Takeaway
34109 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34109, FL
How much do homes in 34109, FL cost?
Median Sold Price
$662,456
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$47,543(-6.7%)
Key Takeaway
Homes in 34109 have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in 34109 was $662,456 in November 2024, down 6.7% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $271.2K | +15.4% |
| 2 Bedrooms | $425K | $432.5K | +1.8% |
| 3 Bedrooms | $750K | $718.5K | -4.2% |
| 4 Bedrooms | $1.2M | $1.4M | +15.2% |
| 5+ Bedrooms | $1.7M | $2.2M | +27.3% |
Summary: 34109 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.4%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 27.3%.
Median Sold Price Compared To Nearby Zip Codes
| 34105 | $514.4K | $638.5K | +24.1% |
| 34110 | $665.4K | $690.5K | +3.8% |
| 34119 | $731K | $741.4K | +1.4% |
| 34108 | $1.1M | $1.2M | +0.8% |
| 34109 | $710K | $662.4K | -6.7% |
Housing Supply in 34109, FL
How many homes are available in 34109, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 275 | 329 | +19.6% |
Summary: The 34109 real estate market had 329 homes for sale in November 2024, a 19.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 106 | 130 | +22.6% |
| 3 Bedrooms | 119 | 140 | +17.6% |
| 4 Bedrooms | 39 | 43 | +10.3% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The 34109 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 31 | +55.0% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 34109, you may be able to get a good deal. 93.5% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 34109 in November 2024, up by 55.0% month-over-month. Of the 31 sold homes, 94% were sold under asking, 3% were sold at asking, and 3% were sold over asking.
Days on Market for 34109, FL
How long does it take to sell a home in 34109, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 85 Days | +39.7% |
Summary: Homes in 34109 had an average of 85 days on market in Nov 2024, up by 39.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 34109 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 31 homes were sold in 34109; 29% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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