Is Renz-anna Villa, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Renz-anna Villa is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Renz-anna Villa was a Seller's Market.

Key Takeaway

Renz-anna Villa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Renz-anna Villa, FL

How much do homes in Renz-anna Villa, FL cost?

Median Sold Price

$347,000

$256/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$22,000(-6.0%)

Key Takeaway

Homes in Renz-anna Villa have sold for 6% less than they did a year ago.

Summary: The median home sold price in Renz-anna Villa was $347,000 in October 2024, down 6% from last year, and the median price per square foot was $256.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $217K$151K
-30.4%
2 $308.7K$224K
-27.4%
3 $450K$354.9K
-21.1%
4 $540K$527.2K
-2.4%
5+ --
N/A

Summary: Renz-anna Villa housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 30.4%, 2 bedroom homes decreased by 27.4%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sunny Ridge
+10.0%
Renz-anna Villa
-6.0%
Downtown Pensacola
-10.3%
Saint John Coalition
-11.4%

Housing Supply in Renz-anna Villa, FL

How many homes are available in Renz-anna Villa, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3339+18.2%

Summary: The Renz-anna Villa real estate market had 39 homes for sale in October 2024, a 18.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 69
+50.0%
3 1819
+5.6%
4 46
+50.0%
5+ 22
0.0%

Summary: The Renz-anna Villa 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 increased by 50%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Renz-anna Villa, 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 Renz-anna Villa in October 2024, down by 60.0% 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 Renz-anna Villa, FL

How long does it take to sell a home in Renz-anna Villa, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
106 Days85 Days-19.9%

Summary: Homes in Renz-anna Villa had an average of 85 days on market in Oct 2024, down by 19.9% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Renz-anna Villa has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Renz-anna Villa; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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

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