$5,343 Closing Credit*
$449,900
1,904 SqFt
4 Beds
•3 Full Baths
Jack Rojas, Listing Office: REALTY MIAMI GROUP LLC
Is Trafalgar, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Trafalgar was a Neutral Market.
Key Takeaway
Trafalgar is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Trafalgar, FL
How much do homes in Trafalgar, FL cost?
Median Sold Price
$400,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$34,775(-8.0%)
Key Takeaway
Homes in Trafalgar have sold for 8% less than they did a year ago.
Summary: The median home sold price in Trafalgar was $400,000 in November 2024, down 8% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $340K | $355K | +4.4% |
| 3 Bedrooms | $417.4K | $390K | -6.6% |
| 4 Bedrooms | $452.5K | $445K | -1.7% |
| 5+ Bedrooms | $475K | $575K | +21.1% |
Summary: Trafalgar 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 increased by 4.4%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 21.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Mariner | $374.7K | $368.6K | -1.6% |
| Hancock | $380K | $369.9K | -2.6% |
| Burnt Store | $450K | $429.1K | -4.6% |
| Trafalgar | $434.7K | $400K | -8.0% |
Housing Supply in Trafalgar, FL
How many homes are available in Trafalgar, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 302 | 303 | 0.3% |
Summary: The Trafalgar real estate market had 303 homes for sale in November 2024, a 0.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 161 | 165 | +2.5% |
| 4 Bedrooms | 120 | 119 | -0.8% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Trafalgar 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 decreased by 16.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 28 | -36.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Trafalgar, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Trafalgar in November 2024, down by 36.4% month-over-month. Of the 28 sold homes, 46% were sold under asking, 43% were sold at asking, and 11% were sold over asking.
Days on Market for Trafalgar, FL
How long does it take to sell a home in Trafalgar, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 74 Days | +14.3% |
Summary: Homes in Trafalgar had an average of 74 days on market in Nov 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Trafalgar has remained consistent over time.
Summary: During November 2024, 28 homes were sold in Trafalgar; 29% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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