$8,193 Closing Credit*
$689,900
2,623 SqFt
4 Beds
•3 Full Baths
Leigh Ann Pyeatt, Listing Office: The American Realty of Florida
Is Tiger Point, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Tiger Point was a Seller's Market.
Key Takeaway
Tiger Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tiger Point, FL
How much do homes in Tiger Point, FL cost?
Median Sold Price
$470,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$65,000(+16.0%)
Key Takeaway
Homes in Tiger Point have sold for 16% more than they did a year ago.
Summary: The median home sold price in Tiger Point was $470,000 in August 2024, up 16% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $379.5K | $366.5K | -3.4% |
| 3 Bedrooms | $379K | $394.4K | +4.1% |
| 4 Bedrooms | $449.9K | $565.2K | +25.6% |
| 5+ Bedrooms | $653K | $800K | +22.5% |
Summary: Tiger Point housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes increased by 22.5%.
Housing Supply in Tiger Point, FL
How many homes are available in Tiger Point, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 47 | 46 | -2.1% |
Summary: The Tiger Point real estate market had 46 homes for sale in August 2024, a 2.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 26 | 23 | -11.5% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Tiger Point housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tiger Point, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Tiger Point in August 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Tiger Point, FL
How long does it take to sell a home in Tiger Point, FL?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 10 Days | 17 Days | +67.2% |
Summary: Homes in Tiger Point had an average of 17 days on market in Aug 2024, up by 67.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tiger Point are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 6 homes were sold in Tiger Point; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information Deemed Reliable but not guaranteed. 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.