$2,969 Closing Credit*
$250,000
1,382 SqFt
2 Beds
•2 Full Baths
Ben Laube, Listing Office: EXP REALTY LLC
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 November 2023
At the same time last year, Central Business District was a Seller's Market.
Key Takeaway
Central Business District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Business District, FL
How much do homes in Central Business District, FL cost?
Median Sold Price
$330,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,505(+2.3%)
Key Takeaway
Homes in Central Business District have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Central Business District was $330,000 in November 2024, up 2.3% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $243K | -16.2% |
| 2 Bedrooms | $428K | $400K | -6.5% |
| 3 Bedrooms | $950K | $1.1M | +19.3% |
| 4 Bedrooms | - | $1.5M | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Central Business District housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.2%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 19.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Central Business District | $322.4K | $330K | +2.3% |
| The Vue | $495K | $505K | +2.0% |
Housing Supply in Central Business District, FL
How many homes are available in Central Business District, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 72 | 0.0% |
Summary: The Central Business District real estate market had 72 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 40 | 40 | 0.0% |
| 2 Bedrooms | 30 | 31 | +3.3% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Central Business District 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 increased by 3.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
2 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 Central Business District, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Central Business District in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 106 Days | +96.3% |
Summary: Homes in Central Business District had an average of 106 days on market in Nov 2024, up by 96.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Central Business District has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Central Business District; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.