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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maximo is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Maximo was a Buyer's Market.

Key Takeaway

Maximo is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Maximo, FL

How much do homes in Maximo, FL cost?

Median Sold Price

$692,500

$409/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$41,622(-5.7%)

Key Takeaway

Homes in Maximo have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in Maximo was $692,500 in November 2024, down 5.7% from last year, and the median price per square foot was $409.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $157K$194.3K
+23.8%
2 $733.5K$520K
-29.1%
3 $777K$710K
-8.6%
4 $757.7K$1.0M
+35.9%
5+ $6.5M$2.1M
-67.7%

Summary: Maximo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.8%, 2 bedroom homes decreased by 29.1%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes increased by 35.9%, and 5+ bedroom homes decreased by 67.7%.

Median Sold Price Compared To Nearby Neighborhoods

Greater Pinellas Point
+7.7%
Lakewood Estates
+6.5%
Maximo
-5.7%
Broadwater
-36.8%

Housing Supply in Maximo, FL

How many homes are available in Maximo, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2733+22.2%

Summary: The Maximo real estate market had 33 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 48
+100.0%
3 1718
+5.9%
4 34
+33.3%
5+ 11
0.0%

Summary: The Maximo 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 increased by 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maximo, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Maximo in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Maximo, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days45 Days+210.3%

Summary: Homes in Maximo had an average of 45 days on market in Nov 2024, up by 210.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Maximo has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Maximo; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Maximo, FL

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