$6,828 Closing Credit*
$575,000
1,483 SqFt
3 Beds
•2 Full Baths
Reyna Mercado, Listing Office: INVESTOR'S REAL ESTATE LLC
Is Colonialtown North, 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, Colonialtown North was a Seller's Market.
Key Takeaway
Colonialtown North is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Colonialtown North, FL
How much do homes in Colonialtown North, FL cost?
Median Sold Price
$483,500
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$34,000(-6.6%)
Key Takeaway
Homes in Colonialtown North have sold for 6.6% less than they did a year ago.
Summary: The median home sold price in Colonialtown North was $483,500 in November 2024, down 6.6% 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 | - | $185K | N/A |
| 2 Bedrooms | $392.5K | $405K | +3.2% |
| 3 Bedrooms | $475.8K | $492.5K | +3.5% |
| 4 Bedrooms | $765.5K | $675K | -11.8% |
| 5+ Bedrooms | $1.0M | $840K | -22.0% |
Summary: Colonialtown North housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 22%.
Housing Supply in Colonialtown North, FL
How many homes are available in Colonialtown North, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Summary: The Colonialtown North real estate market had 33 homes for sale in November 2024, a 13.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 8 | 13 | +62.5% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Colonialtown North 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 62.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Colonialtown North, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Colonialtown North in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Colonialtown North, FL
How long does it take to sell a home in Colonialtown North, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 79 Days | +169.8% |
Summary: Homes in Colonialtown North had an average of 79 days on market in Nov 2024, up by 169.8% 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 Colonialtown North 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 Colonialtown North; 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.
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