Is Satsuma, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Satsuma was a Neutral Market.
Housing Prices in Satsuma, FL
How much do homes in Satsuma, FL cost?
Median Sold Price
$264,950
$197/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Satsuma was $264,950 in May 2024, up 35.9% from last month, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $110K | - | N/A |
3 Bedrooms | $482K | $260K | -46.1% |
4 Bedrooms | - | $269.9K | N/A |
5+ Bedrooms | $275K | - | N/A |
Summary: Satsuma housing prices by bedroom type for May 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 decreased by 46.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Satsuma, FL
How many homes are available in Satsuma, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 34 | -2.9% |
Summary: The Satsuma real estate market had 34 homes for sale in May 2024, a 2.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 19 | 20 | +5.3% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Satsuma 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 28.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Satsuma in May 2024, down by 33.3% 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 Satsuma, FL
How long does it take to sell a home in Satsuma, FL?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 Days | 46 Days | -11.5% |
Summary: Homes in Satsuma had an average of 46 days on market in May 2024, down by 11.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Satsuma; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.