$5,758 Closing Credit*
$484,900
2,719 SqFt
4 Beds
•2 Full Baths, 1 Partial
Ronald Gentile, Listing Office: ORLANDO REO PROF I INC
Is Alafaya, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Alafaya has remained a Seller's Market.
Key Takeaway
Alafaya is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alafaya, FL
How much do homes in Alafaya, FL cost?
Median Sold Price
$465,150
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$30,150(+6.9%)
Key Takeaway
Homes in Alafaya have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Alafaya was $465,150 in December 2024, up 6.9% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202K | $195.5K | -3.2% |
| 2 Bedrooms | $289.5K | $312.5K | +7.9% |
| 3 Bedrooms | $390.5K | $400K | +2.4% |
| 4 Bedrooms | $500K | $513.9K | +2.8% |
| 5+ Bedrooms | $595.7K | $615K | +3.2% |
Summary: Alafaya housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Alafaya | $435K | $465.1K | +6.9% |
| Townhomes at Avalon Lake | $373.2K | $358.5K | -4.0% |
Housing Supply in Alafaya, FL
How many homes are available in Alafaya, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 268 | 253 | -5.6% |
Summary: The Alafaya real estate market had 253 homes for sale in December 2024, a 5.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 107 | 101 | -5.6% |
| 4 Bedrooms | 117 | 110 | -6.0% |
| 5+ Bedrooms | 33 | 30 | -9.1% |
Summary: The Alafaya housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 52 | 53 | +1.9% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alafaya, you may be able to get a good deal. 69.8% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Alafaya in December 2024, up by 1.9% month-over-month. Of the 53 sold homes, 70% were sold under asking, 23% were sold at asking, and 8% were sold over asking.
Days on Market for Alafaya, FL
How long does it take to sell a home in Alafaya, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 46 Days | 59 Days | +26.9% |
Summary: Homes in Alafaya had an average of 59 days on market in Dec 2024, up by 26.9% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Alafaya has remained consistent over time.
Summary: During December 2024, 53 homes were sold in Alafaya; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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