Is Victoria Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Victoria Park is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Victoria Park has remained a Buyer's Market.

Key Takeaway

Victoria Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Victoria Park, FL

How much do homes in Victoria Park, FL cost?

Median Sold Price

$1,150,500

$630/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$265,500(+30.0%)

Key Takeaway

Homes in Victoria Park have sold for 30% more than they did a month ago.

Summary: The median home sold price in Victoria Park was $1,150,500 in December 2024, up 30% from last month, and the median price per square foot was $630.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$588K
N/A
3 $1.3M-
N/A
4 $460K$2.2M
+394.0%
5+ --
N/A

Summary: Victoria Park housing prices by bedroom type for December 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 increased by 394%, and 5+ bedroom homes did not change.

Housing Supply in Victoria Park, FL

How many homes are available in Victoria Park, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5660+7.1%

Summary: The Victoria Park real estate market had 60 homes for sale in December 2024, a 7.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 66
0.0%
2 78
+14.3%
3 2830
+7.1%
4 1211
-8.3%
5+ 35
+66.7%

Summary: The Victoria Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Victoria Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Victoria Park in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Victoria Park, FL

How long does it take to sell a home in Victoria Park, FL?

Average Sale Time

Nov 2024Dec 2024CHANGE
46 Days63 Days+37.1%

Summary: Homes in Victoria Park had an average of 63 days on market in Dec 2024, up by 37.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Victoria Park has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Victoria Park; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

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