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 seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Avalon-Mulat is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Avalon-Mulat, FL

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

Median Sold Price

$285,900

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$24,000(-7.7%)

Key Takeaway

Homes in Avalon-Mulat have sold for 7.7% less than they did a year ago.

Summary: The median home sold price in Avalon-Mulat was $285,900 in October 2024, down 7.7% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $271K$317K
+17.0%
3 $289.4K$264.9K
-8.5%
4 $355K$400K
+12.7%
5+ $376.9K$374.9K
-0.5%

Summary: Avalon-Mulat housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 0.5%.

Median Sold Price Compared To Nearby Cities

Midway
+1.2%
Milton
-0.8%
Pensacola
-1.3%
Bagdad
-3.8%
Avalon-Mulat
-7.7%

Housing Supply in Avalon-Mulat, FL

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9795-2.1%

Summary: The Avalon-Mulat real estate market had 95 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 5452
-3.7%
4 3533
-5.7%
5+ 68
+33.3%

Summary: The Avalon-Mulat 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 remained the same, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1917-10.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

0 Homes Were 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. 52.9% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Avalon-Mulat in October 2024, down by 10.5% month-over-month. Of the 17 sold homes, 53% were sold under asking, 47% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
45 Days65 Days+43.6%

Summary: Homes in Avalon-Mulat had an average of 65 days on market in Oct 2024, up by 43.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 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 October 2024, 17 homes were sold in Avalon-Mulat; 35% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 35% 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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