$10,000 Closing Credit*
$1,199,900
3,784 SqFt
5 Beds
•4 Full Baths
Kevin Robles, Listing Office: DOMAIN REALTY LLC
Is Riverside Heights, 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, Riverside Heights was a Buyer's Market.
Key Takeaway
Riverside Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverside Heights, FL
How much do homes in Riverside Heights, FL cost?
Median Sold Price
$800,000
$405/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$75,000(+10.3%)
Key Takeaway
Homes in Riverside Heights have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Riverside Heights was $800,000 in October 2024, up 10.3% from last year, and the median price per square foot was $405.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $441.5K | $492.4K | +11.5% |
| 3 Bedrooms | $560K | $575K | +2.7% |
| 4 Bedrooms | $975K | $1.0M | +10.9% |
| 5+ Bedrooms | $1.3M | $1.5M | +13.5% |
Summary: Riverside Heights 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 11.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Tampa Heights | $524K | $672.4K | +28.3% |
| Riverside Heights | $725K | $800K | +10.3% |
| South Seminole Heights | $472.5K | $480K | +1.6% |
Housing Supply in Riverside Heights, FL
How many homes are available in Riverside Heights, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 27 | -10.0% |
Summary: The Riverside Heights real estate market had 27 homes for sale in October 2024, a 10.0% decrease 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The Riverside Heights 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 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverside Heights, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Riverside Heights in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Riverside Heights, FL
How long does it take to sell a home in Riverside Heights, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 215 Days | +1801.5% |
Summary: Homes in Riverside Heights had an average of 215 days on market in Oct 2024, up by 1801.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Riverside Heights are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in Riverside Heights; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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