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 November 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

$612,000

$392/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$62,000(+11.3%)

Key Takeaway

Homes in Downtown Safety Harbor have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Downtown Safety Harbor was $612,000 in November 2024, up 11.3% from last year, and the median price per square foot was $392.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $359.5K$395K
+9.9%
3 $544K$625K
+14.9%
4 $687.5K$869K
+26.4%
5+ $1.1M$1.2M
+8.1%

Summary: Downtown Safety Harbor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Neighborhoods

Del Oro Groves
+66.3%
Downtown Safety Harbor
+11.3%

Housing Supply in Downtown Safety Harbor, FL

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
26260.0%

Summary: The Downtown Safety Harbor real estate market had 26 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 810
+25.0%
4 99
0.0%
5+ 22
0.0%

Summary: The Downtown Safety Harbor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 Safety Harbor, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Downtown Safety Harbor in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
14 Days24 Days+75.0%

Summary: Homes in Downtown Safety Harbor had an average of 24 days on market in Nov 2024, up by 75% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Downtown Safety Harbor; 50% of homes were sold within 30 days, 50% 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 Safety Harbor, FL

Nearby Markets to Downtown Safety Harbor, FL