Is Tavernier, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Tavernier has remained a Buyer's Market.
Key Takeaway
Tavernier is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tavernier, FL
How much do homes in Tavernier, FL cost?
Median Sold Price
$2,300,000
$1,502/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Tavernier have sold for 23.3% more than they did a month ago.
Summary: The median home sold price in Tavernier was $2,300,000 in April 2024, up 23.3% from last month, and the median price per square foot was $1,502.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $400K | N/A |
| 2 Bedrooms | $582.5K | - | N/A |
| 3 Bedrooms | - | $9.4M | N/A |
| 4 Bedrooms | $6.3M | $6.1M | -3.7% |
| 5+ Bedrooms | $3.1M | $2.3M | -25.8% |
Summary: Tavernier housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 25.8%.
Housing Supply in Tavernier, FL
How many homes are available in Tavernier, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 37 | +12.1% |
Summary: The Tavernier real estate market had 37 homes for sale in April 2024, a 12.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 6 | 11 | +83.3% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Tavernier housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 83.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tavernier, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Tavernier in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Tavernier, FL
How long does it take to sell a home in Tavernier, FL?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 246 Days | 84 Days | -65.7% |
Summary: Homes in Tavernier had an average of 84 days on market in Apr 2024, down by 65.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tavernier has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Tavernier; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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