$4,750 Closing Credit*
$400,000
1,065 SqFt
2 Beds
•2 Full Baths
Jenifer Smith, Listing Office: KELLER WILLIAMS REALTY- PALM H
Is 34689, 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, 34689 was a Seller's Market.
Key Takeaway
34689 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34689, FL
How much do homes in 34689, FL cost?
Median Sold Price
$420,750
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,500(+6.5%)
Key Takeaway
Homes in 34689 have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in 34689 was $420,750 in October 2024, up 6.5% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $142.5K | -1.7% |
| 2 Bedrooms | $278.5K | $260K | -6.6% |
| 3 Bedrooms | $447K | $431.5K | -3.5% |
| 4 Bedrooms | $580K | $590K | +1.7% |
| 5+ Bedrooms | $955K | $812.5K | -14.9% |
Summary: 34689 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 14.9%.
Housing Supply in 34689, FL
How many homes are available in 34689, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 236 | 237 | 0.4% |
Summary: The 34689 real estate market had 237 homes for sale in October 2024, a 0.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 8 | +33.3% |
| 2 Bedrooms | 58 | 65 | +12.1% |
| 3 Bedrooms | 103 | 96 | -6.8% |
| 4 Bedrooms | 52 | 52 | 0.0% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 34689 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.1%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34689, you may be able to get a good deal. 74.1% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 34689 in October 2024, down by 3.6% month-over-month. Of the 27 sold homes, 74% were sold under asking, 19% were sold at asking, and 7% were sold over asking.
Days on Market for 34689, FL
How long does it take to sell a home in 34689, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 51 Days | +23.5% |
Summary: Homes in 34689 had an average of 51 days on market in Oct 2024, up by 23.5% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34689 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 34689; 59% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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