$2,671 Closing Credit*
$224,900
1,100 SqFt
3 Beds
•2 Full Baths
Dawn Burt, Listing Office: KELLER WILLIAMS SUCCESS REALTY
Is Greater Avalon, 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, Greater Avalon has remained a Seller's Market.
Key Takeaway
Greater Avalon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greater Avalon, FL
How much do homes in Greater Avalon, FL cost?
Median Sold Price
$294,900
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$6,808(-2.3%)
Key Takeaway
Homes in Greater Avalon have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Greater Avalon was $294,900 in October 2024, down 2.3% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $200K | $299K | +49.5% |
| 3 Bedrooms | $276.5K | $265K | -4.2% |
| 4 Bedrooms | $307.1K | $309.4K | +0.8% |
| 5+ Bedrooms | $359.9K | $367.5K | +2.1% |
Summary: Greater Avalon 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 49.5%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 2.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Pea Ridge | $234.5K | $241K | +2.8% |
| Greater Avalon | $301.7K | $294.9K | -2.3% |
| Avalon | $299.9K | $260K | -13.3% |
Housing Supply in Greater Avalon, FL
How many homes are available in Greater Avalon, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 89 | +1.1% |
Summary: The Greater Avalon real estate market had 89 homes for sale in October 2024, a 1.1% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 34 | 42 | +23.5% |
| 4 Bedrooms | 46 | 37 | -19.6% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Greater Avalon 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 increased by 23.5%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 25 | +92.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Greater Avalon, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Greater Avalon in October 2024, up by 92.3% month-over-month. Of the 24 sold homes, 50% were sold under asking, 46% were sold at asking, and 4% were sold over asking.
Days on Market for Greater Avalon, FL
How long does it take to sell a home in Greater Avalon, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 94 Days | +93.0% |
Summary: Homes in Greater Avalon had an average of 94 days on market in Oct 2024, up by 93% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Greater Avalon are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 25 homes were sold in Greater Avalon; 36% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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