Is Park Central, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Park Central is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Park Central has remained a Neutral Market.

Key Takeaway

Park Central 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 Park Central, FL

How much do homes in Park Central, FL cost?

Median Sold Price

$220,500

$197/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$13,500(+6.5%)

Key Takeaway

Homes in Park Central have sold for 6.5% more than they did a month ago.

Summary: The median home sold price in Park Central was $220,500 in October 2024, up 6.5% from last month, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $202K$181K
-10.4%
3 $285K$260K
-8.8%
4 --
N/A
5+ --
N/A

Summary: Park Central housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.4%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Park Central
+6.5%
The Estates at Park Central Condominiums
-8.6%
Belmont at Park Central Condominiums
-14.4%

Housing Supply in Park Central, FL

How many homes are available in Park Central, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2524-4.0%

Summary: The Park Central real estate market had 24 homes for sale in October 2024, a 4.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 55
0.0%
2 1615
-6.3%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Park Central 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 6.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Park Central, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Park Central in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Park Central, FL

How long does it take to sell a home in Park Central, FL?

Average Sale Time

Sep 2024Oct 2024CHANGE
100 Days56 Days-43.8%

Summary: Homes in Park Central had an average of 56 days on market in Oct 2024, down by 43.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Park Central are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Park Central; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Park Central, FL

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