Single-Family Homes
Wed Oct 09 2024
This week the median list price for Lynn Haven, FL 32444 is $399,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has held steady at or around 81.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $399,000 | |
Median Price of New Listings | $374,999 | |
Per Square Foot | $203 | |
Average Days on Market | 100 | |
Median Days on Market | 56 | |
Price Decreased | 51% | |
Price Increased | 1% | |
Relisted | 7% | |
Inventory | 81 | |
Median Rent | ||
Market Action | 35 | |
Slight Seller's Advantage |
Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$705,000 | 3,120 | 0.25 - 0.5 acre | 4 | 3 | 35 | 1 | 1 | 115 |
$502,500 | 2,341 | 0.25 - 0.5 acre | 3 | 2.3 | 33 | 1 | 1 | 91 |
$349,950 | 1,802 | 0.25 - 0.5 acre | 3 | 2 | 37 | 3 | 2 | 28 |
$275,000 | 1,362 | 0.25 - 0.5 acre | 3 | 2 | 43 | 0 | 3 | 35 |