$10,000 Closing Credit*
$950,000
1,154 SqFt
2 Beds
•2 Full Baths
Joshua Neitz, Listing Office: NEXTHOME GULF COAST
Is 34217, 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, 34217 has remained a Buyer's Market.
Key Takeaway
34217 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34217, FL
How much do homes in 34217, FL cost?
Median Sold Price
$1,003,333
$753/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$53,333(+5.6%)
Key Takeaway
Homes in 34217 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 34217 was $1,003,333 in November 2024, up 5.6% from last year, and the median price per square foot was $753.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $462.5K | $382.5K | -17.3% |
| 2 Bedrooms | $700K | $754.5K | +7.8% |
| 3 Bedrooms | $1.3M | $1.4M | +5.0% |
| 4 Bedrooms | $1.9M | $1.2M | -34.8% |
| 5+ Bedrooms | $2.8M | $3.1M | +8.6% |
Summary: 34217 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 34.8%, and 5+ bedroom homes increased by 8.6%.
Housing Supply in 34217, FL
How many homes are available in 34217, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 126 | +40.0% |
Summary: The 34217 real estate market had 126 homes for sale in November 2024, a 40.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 7 | +133.3% |
| 2 Bedrooms | 32 | 44 | +37.5% |
| 3 Bedrooms | 23 | 36 | +56.5% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The 34217 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 56.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 13 | +100.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34217, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 34217 in November 2024, up by 100.0% month-over-month. Of the 13 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 34217, FL
How long does it take to sell a home in 34217, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 91 Days | +5.7% |
Summary: Homes in 34217 had an average of 91 days on market in Nov 2024, up by 5.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 34217 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 13 homes were sold in 34217; 38% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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