Is Crystal River, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crystal River is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Crystal River was a Seller's Market.

Key Takeaway

Crystal River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Crystal River, FL

How much do homes in Crystal River, FL cost?

Median Sold Price

$317,500

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$7,500(+2.4%)

Key Takeaway

Homes in Crystal River have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Crystal River was $317,500 in September 2024, up 2.4% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$216K
N/A
2 $277K$235K
-15.2%
3 $290K$324.9K
+12.1%
4 $348.9K$349.9K
0.3%
5+ $395.9K$372.4K
-5.9%

Summary: Crystal River housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.2%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 5.9%.

Housing Supply in Crystal River, FL

How many homes are available in Crystal River, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
132128-3.0%

Summary: The Crystal River real estate market had 128 homes for sale in September 2024, a 3.0% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 66
0.0%
2 3336
+9.1%
3 6657
-13.6%
4 1618
+12.5%
5+ 1111
0.0%

Summary: The Crystal River housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1418+28.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crystal River, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Crystal River in September 2024, up by 28.6% month-over-month. Of the 18 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Crystal River, FL

How long does it take to sell a home in Crystal River, FL?

Average Sale Time

Sep 2023Sep 2024CHANGE
73 Days89 Days+21.2%

Summary: Homes in Crystal River had an average of 89 days on market in Sep 2024, up by 21.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Crystal River are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During September 2024, 18 homes were sold in Crystal River; 17% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

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