Is Parrish, 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, Parrish has remained a Seller's Market.
Key Takeaway
Parrish is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Parrish, FL
How much do homes in Parrish, FL cost?
Median Sold Price
$457,628
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Parrish has remained the same since last year.
Summary: The median home sold price in Parrish was $457,628 in May 2024, down 0.3% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $360K | $433.1K | +20.3% |
| 3 Bedrooms | $450K | $448.8K | -0.3% |
| 4 Bedrooms | $496.6K | $477.1K | -3.9% |
| 5+ Bedrooms | $548.4K | $497.9K | -9.2% |
Summary: Parrish 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 increased by 20.3%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Myakka City | $624.9K | $626.1K | 0.2% |
| Parrish | $458.9K | $457.6K | -0.3% |
| Wimauma | $397K | $389.9K | -1.8% |
| Ruskin | $364.7K | $354.2K | -2.9% |
| Ellenton | $411.3K | $360K | -12.5% |
Housing Supply in Parrish, FL
How many homes are available in Parrish, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 893 | 981 | +9.9% |
Summary: The Parrish real estate market had 981 homes for sale in May 2024, a 9.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 104 | 110 | +5.8% |
| 3 Bedrooms | 383 | 415 | +8.4% |
| 4 Bedrooms | 311 | 356 | +14.5% |
| 5+ Bedrooms | 95 | 100 | +5.3% |
Summary: The Parrish 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 increased by 5.8%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 120 | 221 | +84.2% |
Asking Price vs. Sold Price
123 Homes Were Sold
Under Asking
82 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parrish, you may be able to get a good deal. 55.7% of homes here sold below asking price last month.
Summary: A total of 221 homes were sold or pending in Parrish in May 2024, up by 84.2% month-over-month. Of the 221 sold homes, 56% were sold under asking, 37% were sold at asking, and 7% were sold over asking.
Days on Market for Parrish, FL
How long does it take to sell a home in Parrish, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 50 Days | 80 Days | +58.7% |
Summary: Homes in Parrish had an average of 80 days on market in May 2024, up by 58.7% compared to last year.
Breakdown of Home Sale Times
78 Homes Were Sold
Under 30 Days
72 Homes Were Sold
In 30 - 90 Days
71 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parrish are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 221 homes were sold in Parrish; 35% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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