Is Skyline, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Skyline is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Skyline has remained a Seller's Market.

Key Takeaway

Skyline is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Skyline, FL

How much do homes in Skyline, FL cost?

Median Sold Price

$349,950

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,241(+3.9%)

Key Takeaway

Homes in Skyline have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Skyline was $349,950 in October 2024, up 3.9% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $215K$262K
+21.9%
3 $260K$276.5K
+6.3%
4 $376.9K$382K
+1.3%
5+ $410.1K$414.2K
+1.0%

Summary: Skyline 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 21.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Cities

Skyline
+3.9%
Pace
+2.4%
Milton
-0.8%
East Milton
-6.5%

Housing Supply in Skyline, FL

How many homes are available in Skyline, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
144139-3.5%

Summary: The Skyline real estate market had 139 homes for sale in October 2024, a 3.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 6868
0.0%
4 5551
-7.3%
5+ 1716
-5.9%

Summary: The Skyline 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.3%, and 5+ bedroom homes decreased by 5.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2427+12.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Skyline, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Skyline in October 2024, up by 12.5% month-over-month. Of the 26 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.

Days on Market for Skyline, FL

How long does it take to sell a home in Skyline, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days59 Days+41.0%

Summary: Homes in Skyline had an average of 59 days on market in Oct 2024, up by 41% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Skyline has remained consistent over time.

Summary: During October 2024, 27 homes were sold in Skyline; 30% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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