Is Florahome, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Florahome is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Florahome was a Neutral Market.

Key Takeaway

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

Housing Prices in Florahome, FL

How much do homes in Florahome, FL cost?

Median Sold Price

$350,000

$227/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$167,600(+91.9%)

Key Takeaway

Homes in Florahome have sold for 91.9% more than they did a month ago.

Summary: The median home sold price in Florahome was $350,000 in December 2024, up 91.9% from last month, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $114.8K-
N/A
3 $250K$350K
+40.0%
4 --
N/A
5+ --
N/A

Summary: Florahome 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 40%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Florahome, FL

How many homes are available in Florahome, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1210-16.7%

Summary: The Florahome real estate market had 10 homes for sale in December 2024, a 16.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 98
-11.1%
4 22
0.0%
5+ 00
0.0%

Summary: The Florahome 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 decreased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Florahome, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Florahome in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Florahome, FL

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

Average Sale Time

Nov 2024Dec 2024CHANGE
112 Days166 Days+48.2%

Summary: Homes in Florahome had an average of 166 days on market in Dec 2024, up by 48.2% 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 Florahome 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 Florahome; 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 8 Days Ago

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