$6,472 Closing Credit*
$545,000
1,814 SqFt
4 Beds
•2 Full Baths, 1 Partial
Fernando Jose Mayoral Garcia, Listing Office: Exit Realty Premier Elite
Is 34787, 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, 34787 has remained a Seller's Market.
Key Takeaway
34787 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 34787, FL
How much do homes in 34787, FL cost?
Median Sold Price
$560,176
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$286(-0.1%)
Key Takeaway
The sold price of homes in 34787 has remained the same since last year.
Summary: The median home sold price in 34787 was $560,176 in October 2024, down 0.1% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188K | $209.5K | +11.4% |
| 2 Bedrooms | $248K | $265K | +6.9% |
| 3 Bedrooms | $463.7K | $459.4K | -0.9% |
| 4 Bedrooms | $635K | $626.9K | -1.3% |
| 5+ Bedrooms | $805K | $809K | 0.5% |
Summary: 34787 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in 34787, FL
How many homes are available in 34787, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 926 | 878 | -5.2% |
Summary: The 34787 real estate market had 878 homes for sale in October 2024, a 5.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 86 | 94 | +9.3% |
| 3 Bedrooms | 323 | 312 | -3.4% |
| 4 Bedrooms | 322 | 296 | -8.1% |
| 5+ Bedrooms | 194 | 175 | -9.8% |
Summary: The 34787 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 9.3%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 9.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 186 | 157 | -15.6% |
Asking Price vs. Sold Price
96 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34787, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 157 homes were sold or pending in 34787 in October 2024, down by 15.6% month-over-month. Of the 157 sold homes, 61% were sold under asking, 27% were sold at asking, and 11% were sold over asking.
Days on Market for 34787, FL
How long does it take to sell a home in 34787, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 52 Days | +47.5% |
Summary: Homes in 34787 had an average of 52 days on market in Oct 2024, up by 47.5% compared to last year.
Breakdown of Home Sale Times
74 Homes Were Sold
Under 30 Days
49 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34787 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 157 homes were sold in 34787; 47% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.