$5,926 Closing Credit*
$499,000
1,712 SqFt
3 Beds
•2 Full Baths
GAIL DEMARCO, Listing Office: EXP REALTY LLC
Is RiverTown, 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, RiverTown was a Buyer's Market.
Key Takeaway
RiverTown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in RiverTown, FL
How much do homes in RiverTown, FL cost?
Median Sold Price
$585,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,079(+0.4%)
Key Takeaway
The sold price of homes in RiverTown has remained the same since last year.
Summary: The median home sold price in RiverTown was $585,000 in October 2024, up 0.4% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $479.9K | $497.1K | +3.6% |
| 3 Bedrooms | $529.3K | $512.5K | -3.2% |
| 4 Bedrooms | $624.1K | $670K | +7.3% |
| 5+ Bedrooms | $738.5K | $834.7K | +13.0% |
Summary: RiverTown 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 3.6%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 13%.
Housing Supply in RiverTown, FL
How many homes are available in RiverTown, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 100 | 96 | -4.0% |
Summary: The RiverTown real estate market had 96 homes for sale in October 2024, a 4.0% 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 | 35 | 33 | -5.7% |
| 3 Bedrooms | 32 | 28 | -12.5% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The RiverTown 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 decreased by 5.7%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in RiverTown, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in RiverTown in October 2024, the same as the previous month. Of the 15 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for RiverTown, FL
How long does it take to sell a home in RiverTown, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 127 Days | +155.2% |
Summary: Homes in RiverTown had an average of 127 days on market in Oct 2024, up by 155.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in RiverTown are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 15 homes were sold in RiverTown; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
