$3,919 Closing Credit*
$330,000
1,073 SqFt
3 Beds
•1 Full Bath
Christopher Lundstrom, Listing Office: Lundstrom & Company
Is 34997, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 34997 was a Seller's Market.
Key Takeaway
34997 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 34997, FL
How much do homes in 34997, FL cost?
Median Sold Price
$455,000
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,266(+9.7%)
Key Takeaway
Homes in 34997 have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in 34997 was $455,000 in November 2024, up 9.7% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $179.9K | $176.2K | -2.1% |
| 2 Bedrooms | $293K | $305K | +4.1% |
| 3 Bedrooms | $431K | $474.9K | +10.2% |
| 4 Bedrooms | $710K | $695K | -2.1% |
| 5+ Bedrooms | $762.5K | $655K | -14.1% |
Summary: 34997 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 14.1%.
Housing Supply in 34997, FL
How many homes are available in 34997, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 268 | 293 | +9.3% |
Summary: The 34997 real estate market had 293 homes for sale in November 2024, a 9.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 76 | 84 | +10.5% |
| 3 Bedrooms | 118 | 132 | +11.9% |
| 4 Bedrooms | 52 | 55 | +5.8% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The 34997 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 26 | -33.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 34997, you may be able to get a good deal. 80.8% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in 34997 in November 2024, down by 33.3% month-over-month. Of the 26 sold homes, 81% were sold under asking, 12% were sold at asking, and 8% were sold over asking.
Days on Market for 34997, FL
How long does it take to sell a home in 34997, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 62 Days | +195.7% |
Summary: Homes in 34997 had an average of 62 days on market in Nov 2024, up by 195.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 34997 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 26 homes were sold in 34997; 50% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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