$8,301 Closing Credit*
$699,000
2,463 SqFt
5 Beds
•4 Full Baths, 1 Partial
Sabra Kirkpatrick, Listing Office: Brown Harris Stevens of PB
Is College Park, 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, College Park has remained a Buyer's Market.
Key Takeaway
College Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in College Park, FL
How much do homes in College Park, FL cost?
Median Sold Price
$625,000
$425/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$47,500(-7.1%)
Key Takeaway
Homes in College Park have sold for 7.1% less than they did a year ago.
Summary: The median home sold price in College Park was $625,000 in October 2024, down 7.1% from last year, and the median price per square foot was $425.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $490K | $567.5K | +15.8% |
| 3 Bedrooms | $767.5K | $560K | -27.0% |
| 4 Bedrooms | $1.4M | $1.7M | +17.2% |
| 5+ Bedrooms | $1.4M | $1.4M | +3.5% |
Summary: College Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 27%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Sunset Ridge | $440K | $444.5K | +1.0% |
| College Park | $672.5K | $625K | -7.1% |
Housing Supply in College Park, FL
How many homes are available in College Park, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Summary: The College Park real estate market had 22 homes for sale in October 2024, a 8.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The College Park 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 decreased by 14.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 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. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in College Park in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 246 Days | +4000.0% |
Summary: Homes in College Park had an average of 246 days on market in Oct 2024, up by 4000% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in College Park are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in College Park; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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