$5,926 Closing Credit*
$499,000
1,562 SqFt
3 Beds
•2 Full Baths, 1 Partial
Shannon Losi, Listing Office: Coldwell Banker Realty
Is Riverside Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Riverside Park has remained a Buyer's Market.
Key Takeaway
Riverside Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Riverside Park, FL
How much do homes in Riverside Park, FL cost?
Median Sold Price
$670,000
$532/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$110,000(+19.6%)
Key Takeaway
Homes in Riverside Park have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in Riverside Park was $670,000 in August 2024, up 19.6% from last year, and the median price per square foot was $532.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.5M | N/A |
| 2 Bedrooms | $600K | $526.6K | -12.2% |
| 3 Bedrooms | $542.5K | $670K | +23.5% |
| 4 Bedrooms | $1.0M | $1.4M | +34.2% |
| 5+ Bedrooms | - | $460K | N/A |
Summary: Riverside Park housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 34.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Riverside Park | $560K | $670K | +19.6% |
| Tarpon River | $690K | $677.5K | -1.8% |
| Sailboat Bend | $550K | $514.1K | -6.5% |
Housing Supply in Riverside Park, FL
How many homes are available in Riverside Park, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Riverside Park real estate market had 17 homes for sale in August 2024, a 13.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Riverside Park housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverside Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Riverside Park in August 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Riverside Park, FL
How long does it take to sell a home in Riverside Park, FL?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 173 Days | 54 Days | -68.8% |
Summary: Homes in Riverside Park had an average of 54 days on market in Aug 2024, down by 68.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Riverside Park has remained consistent over time.
Summary: During August 2024, 1 homes were sold in Riverside Park; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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