How's the Real Estate Market??

Apollo Beach, FL

Single-Family Homes

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



Apollo Beach, FL

Thu Sep 16 2021
This week the median list price for Apollo Beach, FL is $629,000 with the market action index hovering around 87. This is an increase over last month's market action index of 85. Inventory has decreased to 38. Click here to stay informed with the Apollo Beach 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Apollo Beach, FL

Thu Sep 16 2021
This week the median list price for Apollo Beach, FL is $629,000 with the market action index hovering around 87. This is an increase over last month's market action index of 85. Inventory has decreased to 38. Click here to stay informed with the Apollo Beach 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 at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Apollo Beach market.
Median List Price $629,000
Median Price of New Listings $439,672
Per Square Foot $238
Average Days on Market 39
Median Days on Market 21
Price Decreased 24%
Price Increased 8%
Relisted 3%
Inventory 38
Median Rent $2,108
Market Action 87
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$1,200,000 4,015 8,000 - 10,000 sqft 5 3 14 0 0 42
$775,000 2,786 8,000 - 10,000 sqft 4 3 17 4 5 14
$549,500 2,333 6,500 - 8,000 sqft 4 2 6 3 4 24
$372,767 2,095 4,500 - 6,500 sqft 4 2 3 7 6 0