$4,738 Closing Credit*
$399,000
2,132 SqFt
3 Beds
•2 Full Baths
Jami Giles, Listing Office: EXIT REAL ESTATE PROPERTY SOL
Is Florida Shores, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Florida Shores has remained a Seller's Market.
Key Takeaway
Florida Shores is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Florida Shores, FL
How much do homes in Florida Shores, FL cost?
Median Sold Price
$314,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,000(+1.3%)
Key Takeaway
Homes in Florida Shores have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Florida Shores was $314,000 in October 2024, up 1.3% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $249.4K | $285K | +14.3% |
| 3 Bedrooms | $310K | $310K | 0.0% |
| 4 Bedrooms | $337.4K | $325K | -3.7% |
| 5+ Bedrooms | $385K | $450K | +16.9% |
Summary: Florida Shores 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 14.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 16.9%.
Housing Supply in Florida Shores, FL
How many homes are available in Florida Shores, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 86 | 82 | -4.7% |
Summary: The Florida Shores real estate market had 82 homes for sale in October 2024, a 4.7% 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 | 4 | 8 | +100.0% |
| 3 Bedrooms | 68 | 57 | -16.2% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Florida Shores 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 increased by 100%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes increased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Florida Shores, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Florida Shores in October 2024, up by 6.7% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 41 Days | +23.6% |
Summary: Homes in Florida Shores had an average of 41 days on market in Oct 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Florida Shores are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Florida Shores; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.