$9,975 Closing Credit*
$839,999
1,347 SqFt
2 Beds
•2 Full Baths, 1 Partial
Tom Mastrodonato, Listing Office: CAPSTAR REAL ESTATE LLC
Is Channel District, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$551,000
$465/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,500(-2.7%)
Key Takeaway
Homes in Channel District have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Channel District was $551,000 in October 2024, down 2.7% from last year, and the median price per square foot was $465.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $395K | $390K | -1.3% |
| 2 Bedrooms | $608K | $629.9K | +3.6% |
| 3 Bedrooms | $1.2M | $1.0M | -12.2% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Channel District housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 3.6%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Channel District | $566.5K | $551K | -2.7% |
| Historic Ybor | $315K | $280K | -11.1% |
| Downtown Tampa | $502.5K | $440K | -12.4% |
Housing Supply in Channel District, FL
How many homes are available in Channel District, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 47 | -2.1% |
Summary: The Channel District real estate market had 47 homes for sale in October 2024, a 2.1% decrease 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 | 34 | 32 | -5.9% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Channel 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 decreased by 5.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was 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. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Channel District in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 90 Days | +123.1% |
Summary: Homes in Channel District had an average of 90 days on market in Oct 2024, up by 123.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Channel District has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Channel District; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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