$7,422 Closing Credit*
$625,000
2,212 SqFt
2 Beds
•2 Full Baths, 1 Partial
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 November 2023
At the same time last year, RiverTown was a Seller's Market.
Key Takeaway
RiverTown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in RiverTown, FL
How much do homes in RiverTown, FL cost?
Median Sold Price
$595,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,290(+1.8%)
Key Takeaway
Homes in RiverTown have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in RiverTown was $595,000 in November 2024, up 1.8% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $490K | $479.2K | -2.2% |
| 3 Bedrooms | $529.1K | $518.7K | -2.0% |
| 4 Bedrooms | $635K | $667.7K | +5.2% |
| 5+ Bedrooms | $738K | $845.3K | +14.5% |
Summary: RiverTown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 14.5%.
Housing Supply in RiverTown, FL
How many homes are available in RiverTown, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 96 | 86 | -10.4% |
Summary: The RiverTown real estate market had 86 homes for sale in November 2024, a 10.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 33 | 28 | -15.2% |
| 3 Bedrooms | 31 | 29 | -6.5% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 19 | 15 | -21.1% |
Summary: The RiverTown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.2%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 21.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 7 | -53.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in RiverTown, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in RiverTown in November 2024, down by 53.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 84 Days | 97 Days | +14.3% |
Summary: Homes in RiverTown had an average of 97 days on market in Nov 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 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 November 2024, 7 homes were sold in RiverTown; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
