Is Florida Shores, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Florida Shores is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Florida Shores was a Seller's Market.

Key Takeaway

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

Housing Prices in Florida Shores, FL

How much do homes in Florida Shores, FL cost?

Median Sold Price

$314,000

$211/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Florida Shores has remained the same since last year.

Summary: The median home sold price in Florida Shores was $314,000 in November 2024, the same as last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $250.5K$280K
+11.8%
3 $310K$312.9K
+1.0%
4 $344.9K$325K
-5.8%
5+ $470K$450K
-4.3%

Summary: Florida Shores 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 11.8%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 4.3%.

Housing Supply in Florida Shores, FL

How many homes are available in Florida Shores, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
120129+7.5%

Summary: The Florida Shores real estate market had 129 homes for sale in November 2024, a 7.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 139
-30.8%
3 8799
+13.8%
4 1617
+6.3%
5+ 44
0.0%

Summary: The Florida Shores 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 30.8%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2115-28.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Florida Shores, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Florida Shores in November 2024, down by 28.6% month-over-month. Of the 15 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Florida Shores, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
66 Days40 Days-38.5%

Summary: Homes in Florida Shores had an average of 40 days on market in Nov 2024, down by 38.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Florida Shores are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in Florida Shores; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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

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