$5,166 Closing Credit*
$435,000
1,428 SqFt
2 Beds
•2 Full Baths
Steven Hunt, Listing Office: KW Peace River Partners
Is Burnt Store Marina, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Burnt Store Marina has remained a Buyer's Market.
Key Takeaway
Burnt Store Marina is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Burnt Store Marina, FL
How much do homes in Burnt Store Marina, FL cost?
Median Sold Price
$400,000
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$45,000(-10.1%)
Key Takeaway
Homes in Burnt Store Marina have sold for 10.1% less than they did a year ago.
Summary: The median home sold price in Burnt Store Marina was $400,000 in October 2024, down 10.1% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | - | N/A |
| 2 Bedrooms | $395K | $338.4K | -14.3% |
| 3 Bedrooms | $567.5K | $550K | -3.1% |
| 4 Bedrooms | $779K | $776.9K | -0.3% |
| 5+ Bedrooms | $600K | - | N/A |
Summary: Burnt Store Marina 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 decreased by 14.3%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Burnt Store | $449.1K | $429.4K | -4.4% |
| Burnt Store Marina | $445K | $400K | -10.1% |
Housing Supply in Burnt Store Marina, FL
How many homes are available in Burnt Store Marina, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 126 | 132 | +4.8% |
Summary: The Burnt Store Marina real estate market had 132 homes for sale in October 2024, a 4.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 61 | 67 | +9.8% |
| 3 Bedrooms | 54 | 53 | -1.9% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Burnt Store Marina 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 increased by 9.8%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Burnt Store Marina, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Burnt Store Marina in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Burnt Store Marina, FL
How long does it take to sell a home in Burnt Store Marina, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 122 Days | +445.3% |
Summary: Homes in Burnt Store Marina had an average of 122 days on market in Oct 2024, up by 445.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Burnt Store Marina are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Burnt Store Marina; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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