$8,193 Closing Credit*
$689,900
3,530 SqFt
6 Beds
•3 Full Baths
Brian Frey, Listing Office: LPT REALTY
Is Riverbend, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Riverbend has remained a Seller's Market.
Key Takeaway
Riverbend is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverbend, FL
How much do homes in Riverbend, FL cost?
Median Sold Price
$360,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+2.9%)
Key Takeaway
Homes in Riverbend have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Riverbend was $360,000 in October 2024, up 2.9% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $275K | +12.2% |
| 3 Bedrooms | $363.7K | $360K | -1.0% |
| 4 Bedrooms | $388.5K | $450K | +15.8% |
| 5+ Bedrooms | $627.5K | - | N/A |
Summary: Riverbend housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Lowry Park | $319K | $355K | +11.3% |
| Riverbend | $350K | $360K | +2.9% |
| Old Seminole Heights | $419K | $420K | 0.2% |
Housing Supply in Riverbend, FL
How many homes are available in Riverbend, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The Riverbend real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Riverbend 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 33.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Riverbend, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Riverbend in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Riverbend, FL
How long does it take to sell a home in Riverbend, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 22 Days | +47.3% |
Summary: Homes in Riverbend had an average of 22 days on market in Oct 2024, up by 47.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Riverbend are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Riverbend; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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