Is 32937, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32937 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 32937 has remained a Seller's Market.

Key Takeaway

32937 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32937, FL

How much do homes in 32937, FL cost?

Median Sold Price

$495,583

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,083(+2.1%)

Key Takeaway

Homes in 32937 have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in 32937 was $495,583 in March 2024, up 2.1% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $180K-
N/A
2 $320K$333K
+4.1%
3 $486K$500K
+2.9%
4 $668K$645K
-3.4%
5+ $865K$1.0M
+24.0%

Summary: 32937 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 24%.

Median Sold Price Compared To Nearby Zip Codes

32937
+2.1%
32952
0.3%
32903
-2.1%

Housing Supply in 32937, FL

How many homes are available in 32937, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
194218+12.4%

Summary: The 32937 real estate market had 218 homes for sale in March 2024, a 12.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 45
+25.0%
2 5151
0.0%
3 7793
+20.8%
4 4856
+16.7%
5+ 1413
-7.1%

Summary: The 32937 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2639+50.0%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32937, you may be able to get a good deal. 82.1% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 32937 in March 2024, up by 50.0% month-over-month. Of the 39 sold homes, 82% were sold under asking, 10% were sold at asking, and 8% were sold over asking.

Days on Market for 32937, FL

How long does it take to sell a home in 32937, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
36 Days40 Days+9.8%

Summary: Homes in 32937 had an average of 40 days on market in Mar 2024, up by 9.8% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32937 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 39 homes were sold in 32937; 54% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in 32937, FL

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