$4,393 Closing Credit*
$369,900
1,434 SqFt
4 Beds
•2 Full Baths
Shadia Lutfi, Listing Office: VARONIA REAL ESTATE, LLC
Is Azalea Park, 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, Azalea Park was a Seller's Market.
Key Takeaway
Azalea Park 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 Azalea Park, FL
How much do homes in Azalea Park, FL cost?
Median Sold Price
$345,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,050(+11.7%)
Key Takeaway
Homes in Azalea Park have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Azalea Park was $345,000 in November 2024, up 11.7% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $238.5K | $260K | +9.0% |
| 3 Bedrooms | $306.5K | $340K | +10.9% |
| 4 Bedrooms | $365K | $383K | +4.9% |
| 5+ Bedrooms | $355K | $452.2K | +27.4% |
Summary: Azalea Park 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 9%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 27.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Azalea Park | $308.9K | $345K | +11.7% |
| Engelwood Park | $278K | $275K | -1.1% |
Housing Supply in Azalea Park, FL
How many homes are available in Azalea Park, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 39 | -11.4% |
Summary: The Azalea Park real estate market had 39 homes for sale in November 2024, a 11.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 26 | 26 | 0.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Azalea Park 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 decreased by 30%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Azalea Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Azalea Park in November 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Azalea Park, FL
How long does it take to sell a home in Azalea Park, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 38 Days | -14.0% |
Summary: Homes in Azalea Park had an average of 38 days on market in Nov 2024, down by 14% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Azalea Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Azalea Park; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.