How's the Real Estate Market??

Brandon, FL

Single-Family Homes

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



Brandon, FL

Wed Oct 20 2021
This week the median list price for Brandon, FL is $399,950 with the market action index hovering around 87. This is less than last month's market action index of 90. Inventory has increased to 70. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Oct 20 2021
This week the median list price for Brandon, FL is $399,950 with the market action index hovering around 87. This is less than last month's market action index of 90. Inventory has increased to 70. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $399,950
Median Price of New Listings $380,000
Per Square Foot $208
Average Days on Market 46
Median Days on Market 14
Price Decreased 34%
Price Increased 6%
Relisted 4%
Inventory 70
Median Rent $2,173
Market Action 87
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$699,000 3,132 0.5 - 1 acre 4 3 35 2 2 77
$430,000 2,208 0.25 - 0.5 acre 4 2 40 5 5 7
$379,994 1,772 0.25 - 0.5 acre 3 2 41 7 10 14
$289,500 1,359 8,000 - 10,000 sqft 3 2 49 7 12 10