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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Downtown Jewel is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Downtown Jewel was a Seller's Market.

Key Takeaway

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

Housing Prices in Downtown Jewel, FL

How much do homes in Downtown Jewel, FL cost?

Median Sold Price

$380,000

$341/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$32,450(-7.9%)

Key Takeaway

Homes in Downtown Jewel have sold for 7.9% less than they did a month ago.

Summary: The median home sold price in Downtown Jewel was $380,000 in December 2024, down 7.9% from last month, and the median price per square foot was $341.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $345.4K$380K
+10.0%
4 $475K-
N/A
5+ $600K-
N/A

Summary: Downtown Jewel housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Downtown Jewel, FL

How many homes are available in Downtown Jewel, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1310-23.1%

Summary: The Downtown Jewel real estate market had 10 homes for sale in December 2024, a 23.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 33
0.0%
3 53
-40.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The Downtown Jewel housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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 Jewel, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Downtown Jewel in December 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Downtown Jewel, FL

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

Average Sale Time

Nov 2024Dec 2024CHANGE
64 Days143 Days+121.7%

Summary: Homes in Downtown Jewel had an average of 143 days on market in Dec 2024, up by 121.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 1 homes were sold in Downtown Jewel; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 2 Days Ago

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