$5,106 Closing Credit*
$430,000
1,780 SqFt
3 Beds
•2 Full Baths
Carole Biagini, Listing Office: TROPIC SHORES REALTY LLC
Is 34614, 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, 34614 was a Seller's Market.
Key Takeaway
34614 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34614, FL
How much do homes in 34614, FL cost?
Median Sold Price
$359,925
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,737(+4.3%)
Key Takeaway
Homes in 34614 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 34614 was $359,925 in October 2024, up 4.3% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $365K | N/A |
| 2 Bedrooms | $257.5K | $240K | -6.8% |
| 3 Bedrooms | $330K | $345K | +4.5% |
| 4 Bedrooms | $355K | $385.9K | +8.7% |
| 5+ Bedrooms | $459K | $405K | -11.8% |
Summary: 34614 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 6.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 11.8%.
Housing Supply in 34614, FL
How many homes are available in 34614, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 195 | 205 | +5.1% |
Summary: The 34614 real estate market had 205 homes for sale in October 2024, a 5.1% increase 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 | 4 | 7 | +75.0% |
| 3 Bedrooms | 99 | 105 | +6.1% |
| 4 Bedrooms | 80 | 82 | +2.5% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The 34614 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 increased by 75%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 34614, expect to pay close to the asking price. 52% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in 34614 in October 2024, down by 13.8% month-over-month. Of the 25 sold homes, 44% were sold under asking, 52% were sold at asking, and 4% were sold over asking.
Days on Market for 34614, FL
How long does it take to sell a home in 34614, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 51 Days | -5.4% |
Summary: Homes in 34614 had an average of 51 days on market in Oct 2024, down by 5.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34614 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in 34614; 52% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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