$10,000 Closing Credit*
$1,450,000
1,360 SqFt
2 Beds
•2 Full Baths
Jason Sato, Listing Office: SATO REAL ESTATE INC.
Is 34216, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 34216 has remained a Buyer's Market.
Key Takeaway
34216 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34216, FL
How much do homes in 34216, FL cost?
Median Sold Price
$1,950,000
$1,088/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$47,500(-2.4%)
Key Takeaway
Homes in 34216 have sold for 2.4% less than they did a year ago.
Summary: The median home sold price in 34216 was $1,950,000 in October 2024, down 2.4% from last year, and the median price per square foot was $1,088.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $837K | $1.2M | +43.4% |
| 3 Bedrooms | $1.8M | $1.8M | -0.3% |
| 4 Bedrooms | $2.9M | $3.2M | +9.6% |
| 5+ Bedrooms | $3.0M | $2.0M | -32.8% |
Summary: 34216 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 increased by 43.4%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 32.8%.
Housing Supply in 34216, FL
How many homes are available in 34216, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 28 | -6.7% |
Summary: The 34216 real estate market had 28 homes for sale in October 2024, a 6.7% 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 34216 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 34216, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 34216 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 34216, FL
How long does it take to sell a home in 34216, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 109 Days | 96 Days | -12.0% |
Summary: Homes in 34216 had an average of 96 days on market in Oct 2024, down by 12% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 34216 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 34216; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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