Is Avalon-Mulat, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avalon-Mulat is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, Avalon-Mulat has remained a Buyer's Market.

Key Takeaway

Avalon-Mulat is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Avalon-Mulat, FL

How much do homes in Avalon-Mulat, FL cost?

Median Sold Price

$284,500

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$25,500(-8.2%)

Key Takeaway

Homes in Avalon-Mulat have sold for 8.2% less than they did a year ago.

Summary: The median home sold price in Avalon-Mulat was $284,500 in November 2024, down 8.2% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $271K$299K
+10.3%
3 $289.9K$260K
-10.3%
4 $369K$406.9K
+10.3%
5+ $376.9K$374.9K
-0.5%

Summary: Avalon-Mulat housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Cities

Midway
+2.6%
Milton
0%
Pensacola
-1.5%
Bagdad
-3.5%
Avalon-Mulat
-8.2%

Housing Supply in Avalon-Mulat, FL

How many homes are available in Avalon-Mulat, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9596+1.1%

Summary: The Avalon-Mulat real estate market had 96 homes for sale in November 2024, a 1.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 5149
-3.9%
4 3640
+11.1%
5+ 65
-16.7%

Summary: The Avalon-Mulat housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1711-35.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avalon-Mulat, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Avalon-Mulat in November 2024, down by 35.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for Avalon-Mulat, FL

How long does it take to sell a home in Avalon-Mulat, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days91 Days+240.6%

Summary: Homes in Avalon-Mulat had an average of 91 days on market in Nov 2024, up by 240.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Avalon-Mulat are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Avalon-Mulat; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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