$10,000 Closing Credit*
$980,000
2,248 SqFt
4 Beds
•2 Full Baths
James Hirschman, Listing Office: SARASOTA LAND AND HOMES LLC
Is 34211, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 34211 was a Seller's Market.
Key Takeaway
34211 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34211, FL
How much do homes in 34211, FL cost?
Median Sold Price
$571,931
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$18,431(-3.1%)
Key Takeaway
Homes in 34211 have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in 34211 was $571,931 in October 2024, down 3.1% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.9M | N/A |
| 2 Bedrooms | $494.5K | $461.9K | -6.6% |
| 3 Bedrooms | $579.9K | $535K | -7.7% |
| 4 Bedrooms | $633.4K | $632.9K | -0.1% |
| 5+ Bedrooms | $812.7K | $748.7K | -7.9% |
Summary: 34211 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 7.9%.
Housing Supply in 34211, FL
How many homes are available in 34211, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 641 | 581 | -9.4% |
Summary: The 34211 real estate market had 581 homes for sale in October 2024, a 9.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 134 | 134 | 0.0% |
| 3 Bedrooms | 262 | 229 | -12.6% |
| 4 Bedrooms | 178 | 160 | -10.1% |
| 5+ Bedrooms | 67 | 58 | -13.4% |
Summary: The 34211 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.6%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes decreased by 13.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 112 | 71 | -36.6% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 34211, you may be able to get a good deal. 71.8% of homes here sold below asking price last month.
Summary: A total of 71 homes were sold or pending in 34211 in October 2024, down by 36.6% month-over-month. Of the 71 sold homes, 72% were sold under asking, 27% were sold at asking, and 1% were sold over asking.
Days on Market for 34211, FL
How long does it take to sell a home in 34211, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 51 Days | 86 Days | +66.5% |
Summary: Homes in 34211 had an average of 86 days on market in Oct 2024, up by 66.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
31 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 34211 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 71 homes were sold in 34211; 28% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
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