Is 33109, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 33109 has remained a Buyer's Market.
Key Takeaway
33109 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33109, FL
How much do homes in 33109, FL cost?
Median Sold Price
$4,475,000
$2,072/sqft
Based on all homes sold in November 2023.
Difference Since Last Month
Key Takeaway
Homes in 33109 have sold for 51.6% less than they did a month ago.
Summary: The median home sold price in 33109 was $4,475,000 in November 2023, down 51.6% from last month, and the median price per square foot was $2,072.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $4.3M | $2.6M | -38.4% |
| 3 Bedrooms | - | $6.3M | N/A |
| 4 Bedrooms | $14.2M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 33109 housing prices by bedroom type for November 2023 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 38.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 33109, FL
How many homes are available in 33109, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 34 | 40 | +17.6% |
Summary: The 33109 real estate market had 40 homes for sale in November 2023, a 17.6% increase compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 14 | 18 | +28.6% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 33109 housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33109, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 33109 in November 2023, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 33109, FL
How long does it take to sell a home in 33109, FL?
Average Sale Time
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 250 Days | 201 Days | -19.6% |
Summary: Homes in 33109 had an average of 201 days on market in Nov 2023, down by 19.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 33109 has remained consistent over time.
Summary: During November 2023, 2 homes were sold in 33109; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
© 2023 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.