Is 33137, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33137 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 33137 was a Seller's Market.

Key Takeaway

33137 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33137, FL

How much do homes in 33137, FL cost?

Median Sold Price

$716,250

$673/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$8,998(+1.3%)

Key Takeaway

Homes in 33137 have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in 33137 was $716,250 in March 2024, up 1.3% from last year, and the median price per square foot was $673.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $460K$500K
+8.7%
2 $709.9K$728.5K
+2.6%
3 $1.2M$1.1M
-7.5%
4 $2.1M$1.8M
-14.5%
5+ $4.7M$3.5M
-25.5%

Summary: 33137 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes decreased by 25.5%.

Median Sold Price Compared To Nearby Zip Codes

33138
+15.9%
33139
+4.6%
33132
+4.5%
33137
+1.3%

Housing Supply in 33137, FL

How many homes are available in 33137, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
459519+13.1%

Summary: The 33137 real estate market had 519 homes for sale in March 2024, a 13.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 123131
+6.5%
2 170200
+17.6%
3 95105
+10.5%
4 4956
+14.3%
5+ 2227
+22.7%

Summary: The 33137 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 22.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3132+3.2%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33137, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 33137 in March 2024, up by 3.2% month-over-month. Of the 32 sold homes, 88% were sold under asking, 9% were sold at asking, and 3% were sold over asking.

Days on Market for 33137, FL

How long does it take to sell a home in 33137, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
81 Days105 Days+29.8%

Summary: Homes in 33137 had an average of 105 days on market in Mar 2024, up by 29.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33137 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 32 homes were sold in 33137; 16% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 56% 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 25 Days Ago

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