$8,906 Closing Credit*
$750,000
1,940 SqFt
4 Beds
•3 Full Baths
Rachel Sample, Listing Office: SMITH & ASSOCIATES REAL ESTATE
Is South Seminole Heights, 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, South Seminole Heights has remained a Seller's Market.
Key Takeaway
South Seminole Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Seminole Heights, FL
How much do homes in South Seminole Heights, FL cost?
Median Sold Price
$480,000
$337/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,500(+1.6%)
Key Takeaway
Homes in South Seminole Heights have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in South Seminole Heights was $480,000 in October 2024, up 1.6% from last year, and the median price per square foot was $337.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $382.5K | $392.4K | +2.6% |
| 3 Bedrooms | $485K | $469K | -3.3% |
| 4 Bedrooms | $680.8K | $748K | +9.9% |
| 5+ Bedrooms | $750.1K | $630K | -16.0% |
Summary: South Seminole Heights 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 2.6%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 16%.
Median Sold Price Compared To Nearby Neighborhoods
| South Seminole Heights | $472.5K | $480K | +1.6% |
| Old Seminole Heights | $419K | $420K | 0.2% |
Housing Supply in South Seminole Heights, FL
How many homes are available in South Seminole Heights, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 30 | +15.4% |
Summary: The South Seminole Heights real estate market had 30 homes for sale in October 2024, a 15.4% 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 10 | 13 | +30.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Seminole Heights 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 increased by 30%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Seminole Heights, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in South Seminole Heights in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for South Seminole Heights, FL
How long does it take to sell a home in South Seminole Heights, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 38 Days | +106.5% |
Summary: Homes in South Seminole Heights had an average of 38 days on market in Oct 2024, up by 106.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Seminole Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in South Seminole Heights; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.