$5,569 Closing Credit*
$469,000
1,081 SqFt
3 Beds
•2 Full Baths
Rubi Rodriguez, Listing Office: Aura Realty, LLC.
Is Driftwood, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Driftwood was a Seller's Market.
Key Takeaway
Driftwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Driftwood, FL
How much do homes in Driftwood, FL cost?
Median Sold Price
$499,950
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,950(+8.7%)
Key Takeaway
Homes in Driftwood have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Driftwood was $499,950 in October 2024, up 8.7% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $375K | $399.9K | +6.6% |
| 3 Bedrooms | $460K | $490K | +6.5% |
| 4 Bedrooms | $485K | $542.5K | +11.9% |
| 5+ Bedrooms | $600K | $522.5K | -12.9% |
Summary: Driftwood 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 6.6%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 12.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Carriage | $172.5K | $197.5K | +14.5% |
| Boulevard Heights | $445K | $495K | +11.2% |
| Driftwood | $460K | $499.9K | +8.7% |
Housing Supply in Driftwood, FL
How many homes are available in Driftwood, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 42 | -8.7% |
Summary: The Driftwood real estate market had 42 homes for sale in October 2024, a 8.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 26 | 26 | 0.0% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Driftwood 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Driftwood, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Driftwood in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Driftwood, FL
How long does it take to sell a home in Driftwood, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 14 Days | -11.5% |
Summary: Homes in Driftwood had an average of 14 days on market in Oct 2024, down by 11.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Driftwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Driftwood; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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