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 October 2023

At the same time last year, Southeast Seminole Heights was a Seller's 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

$389,950

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,950(+8.3%)

Key Takeaway

Homes in Southeast Seminole Heights have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Southeast Seminole Heights was $389,950 in October 2024, up 8.3% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $303.4K$282K
-7.1%
3 $369K$392K
+6.2%
4 $510K$575K
+12.7%
5+ -$268K
N/A

Summary: Southeast 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 decreased by 7.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Southeast Seminole Heights
+8.3%
Old Seminole Heights
0.2%
East Tampa
-0.3%

Housing Supply in Southeast Seminole Heights, FL

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3437+8.8%

Summary: The Southeast Seminole Heights real estate market had 37 homes for sale in October 2024, a 8.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 59
+80.0%
3 2016
-20.0%
4 78
+14.3%
5+ 24
+100.0%

Summary: The Southeast 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 increased by 80%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Southeast Seminole Heights in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
20 Days61 Days+195.9%

Summary: Homes in Southeast Seminole Heights had an average of 61 days on market in Oct 2024, up by 195.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was 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 October 2024, 5 homes were sold in Southeast Seminole Heights; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 16 Days Ago

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