Is Downtown Dunedin, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Downtown Dunedin is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Downtown Dunedin was a Neutral Market.

Key Takeaway

Downtown Dunedin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Downtown Dunedin, FL

How much do homes in Downtown Dunedin, FL cost?

Median Sold Price

$179,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$191,000(-51.6%)

Key Takeaway

Homes in Downtown Dunedin have sold for 51.6% less than they did a year ago.

Summary: The median home sold price in Downtown Dunedin was $179,000 in November 2024, down 51.6% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $135K$146K
+8.1%
2 $224.3K$175K
-22.0%
3 $689K$749K
+8.7%
4 $1.2M$1.2M
0.0%
5+ $1.3M$1.2M
-10.8%

Summary: Downtown Dunedin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.1%, 2 bedroom homes decreased by 22%, 3 bedroom homes increased by 8.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 10.8%.

Median Sold Price Compared To Nearby Neighborhoods

Dunedin Isles
-1.0%
Downtown Dunedin
-51.6%

Housing Supply in Downtown Dunedin, FL

How many homes are available in Downtown Dunedin, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5257+9.6%

Summary: The Downtown Dunedin real estate market had 57 homes for sale in November 2024, a 9.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 89
+12.5%
2 3641
+13.9%
3 66
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Downtown Dunedin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 13.9%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Downtown Dunedin, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Downtown Dunedin in November 2024, up by 100.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 30% were sold at asking, and 0% were sold over asking.

Days on Market for Downtown Dunedin, FL

How long does it take to sell a home in Downtown Dunedin, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days50 Days-25.1%

Summary: Homes in Downtown Dunedin had an average of 50 days on market in Nov 2024, down by 25.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Downtown Dunedin are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Downtown Dunedin; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% 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 22 Days Ago

Newest Listings in Downtown Dunedin, FL

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