How's the Real Estate Market??

Brandon, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Brandon, FL

Wed Jul 06 2022
This week the median list price for Brandon, FL is $450,000 with the market action index hovering around 86. This is less than last month's market action index of 91. Inventory has increased to 94. Click here to stay informed with the Brandon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Brandon, FL

Wed Jul 06 2022
This week the median list price for Brandon, FL is $450,000 with the market action index hovering around 86. This is less than last month's market action index of 91. Inventory has increased to 94. Click here to stay informed with the Brandon market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Brandon market.
Median List Price $450,000
Median Price of New Listings $449,000
Per Square Foot $240
Average Days on Market 28
Median Days on Market 11
Price Decreased 34%
Price Increased 7%
Relisted 3%
Inventory 94
Median Rent
Market Action 86
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,100,000 3,671 0.5 - 1 acre 5 3.5 17 3 1 28
$499,000 2,176 8,000 - 10,000 sqft 4 2.5 34 13 8 7
$422,500 1,803 6,500 - 8,000 sqft 3 2 37 13 7 3
$365,000 1,443 8,000 - 10,000 sqft 3 2 47 8 10 7