$6,828 Closing Credit*
$575,000
1,385 SqFt
4 Beds
•2 Full Baths, 1 Partial
Christina Morenza, Listing Office: Florida One Realty
Is Park Side, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Park Side has remained a Buyer's Market.
Key Takeaway
Park Side is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Park Side, FL
How much do homes in Park Side, FL cost?
Median Sold Price
$261,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,000(-3.3%)
Key Takeaway
Homes in Park Side have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in Park Side was $261,000 in November 2024, down 3.3% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229.5K | $188.7K | -17.8% |
| 2 Bedrooms | $305K | $285K | -6.6% |
| 3 Bedrooms | $525K | $402.5K | -23.3% |
| 4 Bedrooms | $817.5K | - | N/A |
| 5+ Bedrooms | $840K | - | N/A |
Summary: Park Side housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.8%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Park Side | $270K | $261K | -3.3% |
| Hollywood Lakes | $736.5K | $685K | -7.0% |
Housing Supply in Park Side, FL
How many homes are available in Park Side, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 44 | +7.3% |
Summary: The Park Side real estate market had 44 homes for sale in November 2024, a 7.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 19 | +5.6% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Park Side housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 10.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Park Side, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Park Side in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Park Side, FL
How long does it take to sell a home in Park Side, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 73 Days | 166 Days | +128.1% |
Summary: Homes in Park Side had an average of 166 days on market in Nov 2024, up by 128.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Park Side are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 2 homes were sold in Park Side; 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.
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