$2,849 Closing Credit*
$239,900
1,080 SqFt
2 Beds
•2 Full Baths
Christine Manzella, Listing Office: CHARLES RUTENBERG REALTY INC
Is North Peninsula, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Peninsula has remained a Buyer's Market.
Key Takeaway
North Peninsula is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Peninsula, FL
How much do homes in North Peninsula, FL cost?
Median Sold Price
$356,631
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$520(+0.1%)
Key Takeaway
The sold price of homes in North Peninsula has remained the same since last year.
Summary: The median home sold price in North Peninsula was $356,631 in November 2024, up 0.1% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $157K | -10.3% |
| 2 Bedrooms | $320K | $310K | -3.1% |
| 3 Bedrooms | $450K | $439.9K | -2.2% |
| 4 Bedrooms | $554K | $544.5K | -1.7% |
| 5+ Bedrooms | $735K | $599K | -18.5% |
Summary: North Peninsula housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 18.5%.
Median Sold Price Compared To Nearby Cities
| Daytona Beach | $299.5K | $309.9K | +3.5% |
| Flagler Beach | $529.8K | $535K | +1.0% |
| North Peninsula | $356.1K | $356.6K | 0.1% |
| Ormond Beach | $408.2K | $403.8K | -1.1% |
| Daytona Beach Shores | $446K | $441.2K | -1.1% |
Housing Supply in North Peninsula, FL
How many homes are available in North Peninsula, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 855 | 886 | +3.6% |
Summary: The North Peninsula real estate market had 886 homes for sale in November 2024, a 3.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 117 | 128 | +9.4% |
| 2 Bedrooms | 381 | 402 | +5.5% |
| 3 Bedrooms | 224 | 227 | +1.3% |
| 4 Bedrooms | 82 | 78 | -4.9% |
| 5+ Bedrooms | 51 | 51 | 0.0% |
Summary: The North Peninsula housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 37 | -35.1% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Peninsula, you may be able to get a good deal. 78.4% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in North Peninsula in November 2024, down by 35.1% month-over-month. Of the 37 sold homes, 78% were sold under asking, 16% were sold at asking, and 5% were sold over asking.
Days on Market for North Peninsula, FL
How long does it take to sell a home in North Peninsula, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 162 Days | 97 Days | -40.3% |
Summary: Homes in North Peninsula had an average of 97 days on market in Nov 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in North Peninsula are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 37 homes were sold in North Peninsula; 27% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
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