$2,255 Closing Credit*
$189,900
1,260 SqFt
2 Beds
•2 Full Baths, 1 Partial
Scott Davis, Listing Office: LPT REALTY
Is Northeast, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Northeast was a Seller's Market.
Key Takeaway
Northeast is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Northeast, FL
How much do homes in Northeast, FL cost?
Median Sold Price
$228,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,000(+8.6%)
Key Takeaway
Homes in Northeast have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Northeast was $228,000 in October 2024, up 8.6% 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 | $110K | $98K | -10.9% |
| 2 Bedrooms | $140K | $132.5K | -5.4% |
| 3 Bedrooms | $228K | $232.7K | +2.1% |
| 4 Bedrooms | $384K | $322.5K | -16.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Northeast housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.9%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Northeast | $210K | $228K | +8.6% |
| East Tampa | $290K | $289K | -0.3% |
Housing Supply in Northeast, FL
How many homes are available in Northeast, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Summary: The Northeast real estate market had 23 homes for sale in October 2024, a 4.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Northeast 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 decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Northeast in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Northeast, FL
How long does it take to sell a home in Northeast, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 83 Days | 136 Days | +63.3% |
Summary: Homes in Northeast had an average of 136 days on market in Oct 2024, up by 63.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Northeast are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Northeast; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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