Is Burnt Store Marina, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Burnt Store Marina has remained a Buyer's Market.
Housing Prices in Burnt Store Marina, FL
How much do homes in Burnt Store Marina, FL cost?
Median Sold Price
$460,750
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Burnt Store Marina was $460,750 in May 2024, up 7.2% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $273.5K | - | N/A |
2 Bedrooms | $380K | $365K | -3.9% |
3 Bedrooms | $609K | $555K | -8.9% |
4 Bedrooms | $773.5K | $990K | +28.0% |
5+ Bedrooms | $600K | - | N/A |
Summary: Burnt Store Marina housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 28%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Burnt Store Marina | $430K | $460.7K | +7.2% |
Burnt Store | $439K | $450K | +2.5% |
Housing Supply in Burnt Store Marina, FL
How many homes are available in Burnt Store Marina, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
154 | 152 | -1.3% |
Summary: The Burnt Store Marina real estate market had 152 homes for sale in May 2024, a 1.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 76 | 71 | -6.6% |
3 Bedrooms | 72 | 73 | +1.4% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Burnt Store Marina housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Burnt Store Marina in May 2024, up by 28.6% month-over-month. Of the 18 sold homes, 72% were sold under asking, 28% were sold at asking, and 0% were sold over asking.
Days on Market for Burnt Store Marina, FL
How long does it take to sell a home in Burnt Store Marina, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 174 Days | +630.2% |
Summary: Homes in Burnt Store Marina had an average of 174 days on market in May 2024, up by 630.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Burnt Store Marina; 28% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.