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 buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Downtown Dunedin was a Seller's Market.

Key Takeaway

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

Housing Prices in Downtown Dunedin, FL

How much do homes in Downtown Dunedin, FL cost?

Median Sold Price

$187,500

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$169,912(-47.5%)

Key Takeaway

Homes in Downtown Dunedin have sold for 47.5% less than they did a year ago.

Summary: The median home sold price in Downtown Dunedin was $187,500 in October 2024, down 47.5% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $137.5K$146K
+6.2%
2 $223.7K$175K
-21.8%
3 $693K$749K
+8.1%
4 $1.1M$1.2M
+4.7%
5+ $1.2M$1.2M
-4.9%

Summary: Downtown Dunedin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes decreased by 21.8%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 4.9%.

Housing Supply in Downtown Dunedin, FL

How many homes are available in Downtown Dunedin, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4850+4.2%

Summary: The Downtown Dunedin real estate market had 50 homes for sale in October 2024, a 4.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 3433
-2.9%
3 77
0.0%
4 12
+100.0%
5+ 01
+100.0%

Summary: The Downtown Dunedin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Downtown Dunedin in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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

Oct 2023Oct 2024CHANGE
48 Days30 Days-37.5%

Summary: Homes in Downtown Dunedin had an average of 30 days on market in Oct 2024, down by 37.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 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 October 2024, 5 homes were sold in Downtown Dunedin; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Downtown Dunedin, FL

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