$8,894 Closing Credit*
$749,000
1,545 SqFt
3 Beds
•3 Full Baths
Sean Menke, Listing Office: SMITH & ASSOCIATES REAL ESTATE
Is Channel 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, Channel District was a Seller's Market.
Key Takeaway
Channel District is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Channel District, FL
How much do homes in Channel District, FL cost?
Median Sold Price
$568,500
$463/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,500(+0.6%)
Key Takeaway
Homes in Channel District have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Channel District was $568,500 in November 2024, up 0.6% from last year, and the median price per square foot was $463.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $395K | $370K | -6.3% |
| 2 Bedrooms | $630K | $600K | -4.8% |
| 3 Bedrooms | $1.2M | $1.0M | -13.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Channel District housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Channel District, FL
How many homes are available in Channel District, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 46 | +2.2% |
Summary: The Channel District real estate market had 46 homes for sale in November 2024, a 2.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 10 | 0.0% |
| 2 Bedrooms | 31 | 31 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Channel 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
4 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 Channel District, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Channel District in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Channel District, FL
How long does it take to sell a home in Channel District, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 91 Days | +175.1% |
Summary: Homes in Channel District had an average of 91 days on market in Nov 2024, up by 175.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Channel District are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in Channel District; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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