Is Southeast Seminole Heights, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Seminole Heights is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Southeast Seminole Heights was a Neutral Market.

Key Takeaway

Southeast Seminole Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Southeast Seminole Heights, FL

How much do homes in Southeast Seminole Heights, FL cost?

Median Sold Price

$384,000

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,000(+6.7%)

Key Takeaway

Homes in Southeast Seminole Heights have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Southeast Seminole Heights was $384,000 in November 2024, up 6.7% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $303.4K$282K
-7.1%
3 $380K$389.9K
+2.6%
4 $449.7K$598.9K
+33.2%
5+ -$268K
N/A

Summary: Southeast Seminole Heights 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 7.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 33.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Southeast Seminole Heights
+6.7%
Hampton Terrace
+4.4%
Old Seminole Heights
0.0%
East Tampa
-1.7%

Housing Supply in Southeast Seminole Heights, FL

How many homes are available in Southeast Seminole Heights, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
38380.0%

Summary: The Southeast Seminole Heights real estate market had 38 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 1819
+5.6%
4 74
-42.9%
5+ 45
+25.0%

Summary: The Southeast Seminole Heights 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 increased by 11.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast 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 3 homes were sold or pending in Southeast Seminole Heights in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Southeast Seminole Heights, FL

How long does it take to sell a home in Southeast Seminole Heights, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
75 Days70 Days-6.1%

Summary: Homes in Southeast Seminole Heights had an average of 70 days on market in Nov 2024, down by 6.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Southeast Seminole Heights are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Southeast Seminole Heights; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

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