$6,175 Closing Credit*
$520,000
2,880 SqFt
4 Beds
•2 Full Baths, 1 Partial
KERI CARPENTER, Listing Office: KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
Is Oceanway, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Oceanway was a Seller's Market.
Key Takeaway
Oceanway 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 Oceanway, FL
How much do homes in Oceanway, FL cost?
Median Sold Price
$342,600
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,605(+3.8%)
Key Takeaway
Homes in Oceanway have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Oceanway was $342,600 in November 2024, up 3.8% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $100K | $115K | +15.0% |
| 3 Bedrooms | $302.5K | $310K | +2.5% |
| 4 Bedrooms | $355K | $366.4K | +3.2% |
| 5+ Bedrooms | $424.5K | $422.4K | -0.5% |
Summary: Oceanway housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 0.5%.
Housing Supply in Oceanway, FL
How many homes are available in Oceanway, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 75 | +17.2% |
Summary: The Oceanway real estate market had 75 homes for sale in November 2024, a 17.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 28 | 32 | +14.3% |
| 4 Bedrooms | 29 | 37 | +27.6% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Oceanway 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oceanway, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Oceanway in November 2024, up by 120.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% were sold over asking.
Days on Market for Oceanway, FL
How long does it take to sell a home in Oceanway, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 91 Days | +66.3% |
Summary: Homes in Oceanway had an average of 91 days on market in Nov 2024, up by 66.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Oceanway are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 11 homes were sold in Oceanway; 27% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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