$10,000 Closing Credit*
$1,000,000
1,581 SqFt
3 Beds
•2 Full Baths
Jerilyn Rush, Listing Office: COMPASS FLORIDA LLC
Is Snell Island, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Snell Island has remained a Buyer's Market.
Key Takeaway
Snell Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Snell Island, FL
How much do homes in Snell Island, FL cost?
Median Sold Price
$1,690,000
$577/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$465,000(+38.0%)
Key Takeaway
Homes in Snell Island have sold for 38% more than they did a year ago.
Summary: The median home sold price in Snell Island was $1,690,000 in October 2024, up 38% from last year, and the median price per square foot was $577.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $950K | $756.3K | -20.4% |
| 3 Bedrooms | $954K | $1.3M | +44.1% |
| 4 Bedrooms | $2.2M | $2.1M | -2.8% |
| 5+ Bedrooms | $3.2M | $2.7M | -16.2% |
Summary: Snell Island 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 decreased by 20.4%, 3 bedroom homes increased by 44.1%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 16.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Snell Island | $1.2M | $1.6M | +38.0% |
| North East Park | $396K | $455.5K | +15.0% |
Housing Supply in Snell Island, FL
How many homes are available in Snell Island, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 51 | +54.5% |
Summary: The Snell Island real estate market had 51 homes for sale in October 2024, a 54.5% increase 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 | 4 | 8 | +100.0% |
| 3 Bedrooms | 5 | 11 | +120.0% |
| 4 Bedrooms | 10 | 15 | +50.0% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Snell Island 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 120%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Snell Island, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Snell Island in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Snell Island, FL
How long does it take to sell a home in Snell Island, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 141 Days | +3429.2% |
Summary: Homes in Snell Island had an average of 141 days on market in Oct 2024, up by 3429.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Snell Island 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 Snell Island; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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