$5,166 Closing Credit*
$435,000
1,440 SqFt
3 Beds
•2 Full Baths
Andrea Sider, PA, Listing Office: KELLER WILLIAMS WINTER PARK
Is Doctor Phillips, 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, Doctor Phillips has remained a Seller's Market.
Key Takeaway
Doctor Phillips is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Doctor Phillips, FL
How much do homes in Doctor Phillips, FL cost?
Median Sold Price
$550,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+3.8%)
Key Takeaway
Homes in Doctor Phillips have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Doctor Phillips was $550,000 in October 2024, up 3.8% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160.3K | $170K | +6.0% |
| 2 Bedrooms | $317.5K | $352.5K | +11.0% |
| 3 Bedrooms | $499K | $505K | +1.2% |
| 4 Bedrooms | $637K | $602.5K | -5.4% |
| 5+ Bedrooms | $1.0M | $846.5K | -22.7% |
Summary: Doctor Phillips housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 22.7%.
Housing Supply in Doctor Phillips, FL
How many homes are available in Doctor Phillips, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 60 | +1.7% |
Summary: The Doctor Phillips real estate market had 60 homes for sale in October 2024, a 1.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 15 | 19 | +26.7% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Doctor Phillips 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 remained the same, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Doctor Phillips, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Doctor Phillips in October 2024, up by 75.0% month-over-month. Of the 14 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Doctor Phillips, FL
How long does it take to sell a home in Doctor Phillips, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 48 Days | +175.7% |
Summary: Homes in Doctor Phillips had an average of 48 days on market in Oct 2024, up by 175.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Doctor Phillips has remained consistent over time.
Summary: During October 2024, 14 homes were sold in Doctor Phillips; 36% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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