$5,700 Closing Credit*
$479,999
1,963 SqFt
3 Beds
•3 Full Baths
Patty Lynn, Listing Office: REALTY PROS ASSURED
Is South Peninsula, 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, South Peninsula was a Neutral Market.
Key Takeaway
South Peninsula is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in South Peninsula, FL
How much do homes in South Peninsula, FL cost?
Median Sold Price
$475,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,192(-1.1%)
Key Takeaway
Homes in South Peninsula have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in South Peninsula was $475,000 in November 2024, down 1.1% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $187.5K | -29.2% |
| 2 Bedrooms | $400K | $404.3K | +1.1% |
| 3 Bedrooms | $610K | $639.3K | +4.8% |
| 4 Bedrooms | $700K | $720K | +2.9% |
| 5+ Bedrooms | $1.4M | $816K | -43.7% |
Summary: South Peninsula housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.2%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 43.7%.
Median Sold Price Compared To Nearby Cities
| South Daytona | $247.9K | $275K | +10.9% |
| Port Orange | $366.4K | $364.3K | -0.6% |
| South Peninsula | $480.1K | $475K | -1.1% |
| Daytona Beach Shores | $446K | $441.2K | -1.1% |
| Ponce Inlet | $622.5K | $612.9K | -1.5% |
Housing Supply in South Peninsula, FL
How many homes are available in South Peninsula, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 645 | 654 | +1.4% |
Summary: The South Peninsula real estate market had 654 homes for sale in November 2024, a 1.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 72 | 70 | -2.8% |
| 2 Bedrooms | 303 | 301 | -0.7% |
| 3 Bedrooms | 213 | 220 | +3.3% |
| 4 Bedrooms | 36 | 38 | +5.6% |
| 5+ Bedrooms | 21 | 25 | +19.0% |
Summary: The South Peninsula housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 19%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 23 | -52.1% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Peninsula, you may be able to get a good deal. 82.6% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in South Peninsula in November 2024, down by 52.1% month-over-month. Of the 23 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for South Peninsula, FL
How long does it take to sell a home in South Peninsula, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 93 Days | 98 Days | +5.8% |
Summary: Homes in South Peninsula had an average of 98 days on market in Nov 2024, up by 5.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in South Peninsula are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 23 homes were sold in South Peninsula; 17% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Based on information from the Georgia MLS © 2024. 
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.