$3,977 Closing Credit*
$334,900
1,730 SqFt
3 Beds
•2 Full Baths
ETHAN W GREGORY, Listing Office: ALLISON JAMES ESTATES AND HOMES FLORIDA
Is University Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, University Park was a Seller's Market.
Key Takeaway
University Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in University Park, FL
How much do homes in University Park, FL cost?
Median Sold Price
$327,325
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$11,325(+3.6%)
Key Takeaway
Homes in University Park have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in University Park was $327,325 in September 2024, up 3.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $286K | - | N/A |
| 3 Bedrooms | $310K | $322K | +3.9% |
| 4 Bedrooms | $335K | $333.3K | -0.5% |
| 5+ Bedrooms | $974.9K | $475K | -51.3% |
Summary: University Park housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 51.3%.
Housing Supply in University Park, FL
How many homes are available in University Park, FL?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The University Park real estate market had 21 homes for sale in September 2024, a 10.5% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The University Park housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in University Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in University Park in September 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for University Park, FL
How long does it take to sell a home in University Park, FL?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 54 Days | 99 Days | +84.6% |
Summary: Homes in University Park had an average of 99 days on market in Sep 2024, up by 84.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in University Park has remained consistent over time.
Summary: During September 2024, 3 homes were sold in University Park; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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