$8,301 Closing Credit*
$699,000
1,694 SqFt
3 Beds
•3 Full Baths
Julie Sabine, Listing Office: REALTY EXCHANGE, LLC
Is Palm Harbor, 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, Palm Harbor was a Seller's Market.
Key Takeaway
Palm Harbor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Palm Harbor, FL
How much do homes in Palm Harbor, FL cost?
Median Sold Price
$420,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$15,000(-3.4%)
Key Takeaway
Homes in Palm Harbor have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Palm Harbor was $420,000 in October 2024, down 3.4% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | $150K | -6.3% |
| 2 Bedrooms | $253.5K | $253.9K | 0.2% |
| 3 Bedrooms | $436.9K | $449K | +2.8% |
| 4 Bedrooms | $465.7K | $496.5K | +6.6% |
| 5+ Bedrooms | $580K | $577.5K | -0.4% |
Summary: Palm Harbor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Palm Harbor | $435K | $420K | -3.4% |
| Country Club Cove Palm Coast | $589.9K | $499K | -15.4% |
Housing Supply in Palm Harbor, FL
How many homes are available in Palm Harbor, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 200 | 210 | +5.0% |
Summary: The Palm Harbor real estate market had 210 homes for sale in October 2024, a 5.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 15 | 0.0% |
| 3 Bedrooms | 148 | 145 | -2.0% |
| 4 Bedrooms | 31 | 44 | +41.9% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Palm Harbor 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 remained the same, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 41.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Palm Harbor, you may be able to get a good deal. 74.1% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Palm Harbor in October 2024, the same as the previous month. Of the 27 sold homes, 74% were sold under asking, 19% were sold at asking, and 7% were sold over asking.
Days on Market for Palm Harbor, FL
How long does it take to sell a home in Palm Harbor, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 60 Days | +39.4% |
Summary: Homes in Palm Harbor had an average of 60 days on market in Oct 2024, up by 39.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Palm Harbor are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in Palm Harbor; 48% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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