$10,000 Closing Credit*
$2,300,000
2,021 SqFt
3 Beds
•1 Full Bath, 1 Partial
Gary Feinberg, Listing Office: Compass Florida, LLC.
Is Central Downtown, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Central Downtown was a Seller's Market.
Key Takeaway
Central Downtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Downtown, FL
How much do homes in Central Downtown, FL cost?
Median Sold Price
$355,000
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$107,500(-23.2%)
Key Takeaway
Homes in Central Downtown have sold for 23.2% less than they did a year ago.
Summary: The median home sold price in Central Downtown was $355,000 in December 2024, down 23.2% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $163.5K | $216K | +32.1% |
| 2 Bedrooms | $453K | $355K | -21.6% |
| 3 Bedrooms | $662.5K | $557.5K | -15.8% |
| 4 Bedrooms | $790K | $1.2M | +62.1% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Central Downtown housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.1%, 2 bedroom homes decreased by 21.6%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 62.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Civic Center | $350K | $370K | +5.7% |
| Downtown | $575K | $575K | 0.0% |
| Central Downtown | $462.5K | $355K | -23.2% |
Housing Supply in Central Downtown, FL
How many homes are available in Central Downtown, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Central Downtown real estate market had 15 homes for sale in December 2024, a 7.1% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Central Downtown housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 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 Downtown, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Central Downtown in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Central Downtown, FL
How long does it take to sell a home in Central Downtown, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 31 Days | 4 Days | -87.1% |
Summary: Homes in Central Downtown had an average of 4 days on market in Dec 2024, down by 87.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Downtown are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Central Downtown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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