Is Florida City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Florida City was a Seller's Market.
Housing Prices in Florida City, FL
How much do homes in Florida City, FL cost?
Median Sold Price
$401,490
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Florida City was $401,490 in April 2024, up 16.4% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $370K | N/A |
2 Bedrooms | $349.9K | $325K | -7.1% |
3 Bedrooms | $345K | $390.9K | +13.3% |
4 Bedrooms | $299.9K | $425K | +41.7% |
5+ Bedrooms | $496.9K | $525.9K | +5.8% |
Summary: Florida City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
Florida City | $345K | $401.4K | +16.4% |
Homestead | $407.9K | $456K | +11.8% |
Housing Supply in Florida City, FL
How many homes are available in Florida City, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
109 | 126 | +15.6% |
Summary: The Florida City real estate market had 126 homes for sale in April 2024, a 15.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 72 | 82 | +13.9% |
4 Bedrooms | 14 | 20 | +42.9% |
5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Florida City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 12 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Florida City in April 2024, down by 25.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 58% were sold at asking, and 8% were sold over asking.
Days on Market for Florida City, FL
How long does it take to sell a home in Florida City, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 32 Days | -35.1% |
Summary: Homes in Florida City had an average of 32 days on market in Apr 2024, down by 35.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Florida City; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.