$2,613 Closing Credit*
$220,000
996 SqFt
2 Beds
•1 Full Bath
Kim Arena, Listing Office: COLDWELL BANKER REALTY
Is College Park, 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, College Park was a Seller's Market.
Key Takeaway
College Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in College Park, FL
How much do homes in College Park, FL cost?
Median Sold Price
$539,900
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$46,350(-7.9%)
Key Takeaway
Homes in College Park have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in College Park was $539,900 in November 2024, down 7.9% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.9K | $175K | -7.9% |
| 2 Bedrooms | $372.5K | $410K | +10.1% |
| 3 Bedrooms | $546.2K | $536.8K | -1.7% |
| 4 Bedrooms | $820K | $930K | +13.4% |
| 5+ Bedrooms | $878.1K | $1.3M | +54.3% |
Summary: College Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.9%, 2 bedroom homes increased by 10.1%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 54.3%.
Housing Supply in College Park, FL
How many homes are available in College Park, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 100 | 94 | -6.0% |
Summary: The College Park real estate market had 94 homes for sale in November 2024, a 6.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 19 | 18 | -5.3% |
| 3 Bedrooms | 38 | 39 | +2.6% |
| 4 Bedrooms | 23 | 17 | -26.1% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The College Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 26.1%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in College Park, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in College Park in November 2024, down by 21.1% month-over-month. Of the 15 sold homes, 67% were sold under asking, 20% were sold at asking, and 13% were sold over asking.
Days on Market for College Park, FL
How long does it take to sell a home in College Park, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 45 Days | -29.6% |
Summary: Homes in College Park had an average of 45 days on market in Nov 2024, down by 29.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in College Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in College Park; 47% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 20% 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.