$2,607 Closing Credit*
$219,500
1,400 SqFt
2 Beds
•2 Full Baths
Carlo Benedetti, Listing Office: SIRROM REALTY LLC
Is On Top of the World, 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, On Top of the World was a Seller's Market.
Key Takeaway
On Top of the World is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in On Top of the World, FL
How much do homes in On Top of the World, FL cost?
Median Sold Price
$184,250
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,775(+1.0%)
Key Takeaway
Homes in On Top of the World have sold for 1% more than they did a year ago.
Summary: The median home sold price in On Top of the World was $184,250 in October 2024, up 1% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $134.5K | $136K | +1.1% |
| 2 Bedrooms | $190.2K | $188.5K | -0.9% |
| 3 Bedrooms | $330K | $332.5K | +0.8% |
| 4 Bedrooms | $492.5K | $330K | -33.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: On Top of the World housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 33%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Harbor Lake | $390K | $399.5K | +2.4% |
| On Top of the World | $182.4K | $184.2K | +1.0% |
| Hillcrest Villas | $280.4K | $212K | -24.4% |
Housing Supply in On Top of the World, FL
How many homes are available in On Top of the World, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 148 | 158 | +6.8% |
Summary: The On Top of the World real estate market had 158 homes for sale in October 2024, a 6.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 20 | -4.8% |
| 2 Bedrooms | 121 | 132 | +9.1% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The On Top of the World housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 9.1%, 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 |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in On Top of the World, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in On Top of the World in October 2024, up by 8.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.
Days on Market for On Top of the World, FL
How long does it take to sell a home in On Top of the World, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 58 Days | +36.9% |
Summary: Homes in On Top of the World had an average of 58 days on market in Oct 2024, up by 36.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in On Top of the World are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in On Top of the World; 46% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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