Is 33031, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 33031 was a Neutral Market.
Housing Prices in 33031, FL
How much do homes in 33031, FL cost?
Median Sold Price
$851,250
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 33031 was $851,250 in March 2024, up 13.5% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $410K | N/A |
2 Bedrooms | $480K | $525K | +9.4% |
3 Bedrooms | $680K | $782.5K | +15.1% |
4 Bedrooms | $790K | $899.9K | +13.9% |
5+ Bedrooms | $950K | $999K | +5.2% |
Summary: 33031 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 9.4%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in 33031, FL
How many homes are available in 33031, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
61 | 73 | +19.7% |
Summary: The 33031 real estate market had 73 homes for sale in March 2024, a 19.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 21 | 27 | +28.6% |
4 Bedrooms | 23 | 28 | +21.7% |
5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The 33031 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 33031 in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for 33031, FL
How long does it take to sell a home in 33031, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
88 Days | 49 Days | -43.6% |
Summary: Homes in 33031 had an average of 49 days on market in Mar 2024, down by 43.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 33031; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.