$8,900 Closing Credit*
$749,500
1,881 SqFt
4 Beds
•3 Full Baths
Samantha Rosen, Listing Office: Century 21 Stein Posner
Is Central Business District, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Central Business District was a Buyer's Market.
Key Takeaway
Central Business District 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 Central Business District, FL
How much do homes in Central Business District, FL cost?
Median Sold Price
$525,000
$278/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$300,000(+133.3%)
Key Takeaway
Homes in Central Business District have sold for 133.3% more than they did a month ago.
Summary: The median home sold price in Central Business District was $525,000 in October 2024, up 133.3% from last month, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $175K | -20.5% |
| 2 Bedrooms | $225K | $393.5K | +74.9% |
| 3 Bedrooms | $748K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $960K | N/A |
Summary: Central Business District housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 20.5%, 2 bedroom homes increased by 74.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Central Business District | $225K | $525K | +133.3% |
| Royal Poinciana | $219K | $475 | -99.8% |
Housing Supply in Central Business District, FL
How many homes are available in Central Business District, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The Central Business District real estate market had 34 homes for sale in October 2024, a 13.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Central Business District housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Business District, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Central Business District in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Central Business District, FL
How long does it take to sell a home in Central Business District, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 Days | 56 Days | -27.7% |
Summary: Homes in Central Business District had an average of 56 days on market in Oct 2024, down by 27.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Central Business District are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Central Business District; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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