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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Downtown Safety Harbor is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Downtown Safety Harbor has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Downtown Safety Harbor, FL

How much do homes in Downtown Safety Harbor, FL cost?

Median Sold Price

$606,000

$381/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$56,000(+10.2%)

Key Takeaway

Homes in Downtown Safety Harbor have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Downtown Safety Harbor was $606,000 in October 2024, up 10.2% from last year, and the median price per square foot was $381.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $379K$390K
+2.9%
3 $550K$618.5K
+12.5%
4 $669.5K$859K
+28.3%
5+ $1.1M$1.2M
+8.1%

Summary: Downtown Safety Harbor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes increased by 8.1%.

Housing Supply in Downtown Safety Harbor, FL

How many homes are available in Downtown Safety Harbor, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2531+24.0%

Summary: The Downtown Safety Harbor real estate market had 31 homes for sale in October 2024, a 24.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 59
+80.0%
4 1011
+10.0%
5+ 22
0.0%

Summary: The Downtown Safety Harbor 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 increased by 12.5%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 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 Safety Harbor, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Downtown Safety Harbor in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Downtown Safety Harbor, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days90 Days+191.4%

Summary: Homes in Downtown Safety Harbor had an average of 90 days on market in Oct 2024, up by 191.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Downtown Safety Harbor; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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

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