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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avalon is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Avalon was a Seller's Market.

Key Takeaway

Avalon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Avalon, FL

How much do homes in Avalon, FL cost?

Median Sold Price

$260,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$39,900(-13.3%)

Key Takeaway

Homes in Avalon have sold for 13.3% less than they did a year ago.

Summary: The median home sold price in Avalon was $260,000 in October 2024, down 13.3% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $261K$335K
+28.4%
3 $289.9K$259.9K
-10.3%
4 $305K$275K
-9.8%
5+ --
N/A

Summary: Avalon 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 28.4%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Greater Avalon
-2.3%
Avalon
-13.3%

Housing Supply in Avalon, FL

How many homes are available in Avalon, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3024-20.0%

Summary: The Avalon real estate market had 24 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2922
-24.1%
4 12
+100.0%
5+ 00
0.0%

Summary: The Avalon 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 24.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Avalon in October 2024, down by 60.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Avalon, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days29 Days-55.3%

Summary: Homes in Avalon had an average of 29 days on market in Oct 2024, down by 55.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Avalon; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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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