$3,681 Closing Credit*
$310,000
985 SqFt
2 Beds
•2 Full Baths
Patricia Smith, Listing Office: KELLER WILLIAMS GULF BEACHES
Is Downtown Seminole, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Downtown Seminole was a Seller's Market.
Key Takeaway
Downtown Seminole is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Downtown Seminole, FL
How much do homes in Downtown Seminole, FL cost?
Median Sold Price
$310,750
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,250(+11.2%)
Key Takeaway
Homes in Downtown Seminole have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Downtown Seminole was $310,750 in November 2024, up 11.2% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $206.2K | $230K | +11.5% |
| 2 Bedrooms | $289.5K | $310K | +7.1% |
| 3 Bedrooms | $415K | $426K | +2.7% |
| 4 Bedrooms | - | $478.1K | N/A |
| 5+ Bedrooms | $435K | - | N/A |
Summary: Downtown Seminole housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Downtown Seminole | $279.5K | $310.7K | +11.2% |
| Boca Ciega Ridge | $415K | $426K | +2.7% |
| Majestic Park | $129.9K | $120K | -7.6% |
Housing Supply in Downtown Seminole, FL
How many homes are available in Downtown Seminole, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Downtown Seminole real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Downtown Seminole 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown Seminole, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Downtown Seminole in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Downtown Seminole, FL
How long does it take to sell a home in Downtown Seminole, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 110 Days | +947.6% |
Summary: Homes in Downtown Seminole had an average of 110 days on market in Nov 2024, up by 947.6% compared to last year.
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
Key Takeaway
Most homes in Downtown Seminole are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Downtown Seminole; 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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