Is Interlachen-Florahome, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Interlachen-Florahome was a Seller's Market.
Housing Prices in Interlachen-Florahome, FL
How much do homes in Interlachen-Florahome, FL cost?
Median Sold Price
$230,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Interlachen-Florahome was $230,000 in May 2024, down 7.3% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $208.7K | $168.5K | -19.3% |
2 Bedrooms | $199K | $217.6K | +9.4% |
3 Bedrooms | $260K | $232.5K | -10.6% |
4 Bedrooms | $390K | $311.9K | -20.0% |
5+ Bedrooms | $250K | $280K | +12.0% |
Summary: Interlachen-Florahome housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.3%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Cities
Melrose | $267K | $290K | +8.6% |
Palatka | $203K | $218.2K | +7.5% |
Interlachen | $190K | $189K | -0.5% |
Interlachen-Florahome | $248K | $230K | -7.3% |
Housing Supply in Interlachen-Florahome, FL
How many homes are available in Interlachen-Florahome, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
133 | 141 | +6.0% |
Summary: The Interlachen-Florahome real estate market had 141 homes for sale in May 2024, a 6.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 25 | 24 | -4.0% |
3 Bedrooms | 71 | 81 | +14.1% |
4 Bedrooms | 28 | 28 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Interlachen-Florahome housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 14.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 23 | +43.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Interlachen-Florahome in May 2024, up by 43.8% month-over-month. Of the 23 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.
Days on Market for Interlachen-Florahome, FL
How long does it take to sell a home in Interlachen-Florahome, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 53 Days | +9.7% |
Summary: Homes in Interlachen-Florahome had an average of 53 days on market in May 2024, up by 9.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 23 homes were sold in Interlachen-Florahome; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.