$350,000
Land
Rayden Vega, Listing Office: Casa Miami Real Estate
Is Civic Center, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Civic Center has remained a Seller's Market.
Key Takeaway
Civic Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Civic Center, FL
How much do homes in Civic Center, FL cost?
Median Sold Price
$360,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.9%)
Key Takeaway
Homes in Civic Center have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Civic Center was $360,000 in October 2024, up 2.9% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $210K | +16.7% |
| 2 Bedrooms | $303K | $300K | -1.0% |
| 3 Bedrooms | $436K | $460K | +5.5% |
| 4 Bedrooms | $442K | $470K | +6.3% |
| 5+ Bedrooms | $455K | $560K | +23.1% |
Summary: Civic Center housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 23.1%.
Housing Supply in Civic Center, FL
How many homes are available in Civic Center, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 52 | +6.1% |
Summary: The Civic Center real estate market had 52 homes for sale in October 2024, a 6.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 17 | 21 | +23.5% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Civic Center housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 9 | +125.0% |
Asking Price vs. Sold Price
8 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 Civic Center, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Civic Center in October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Civic Center, FL
How long does it take to sell a home in Civic Center, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 64 Days | +326.7% |
Summary: Homes in Civic Center had an average of 64 days on market in Oct 2024, up by 326.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Civic Center are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Civic Center; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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