Is 33161, 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, 33161 was a Seller's Market.
Housing Prices in 33161, FL
How much do homes in 33161, FL cost?
Median Sold Price
$540,000
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 33161 was $540,000 in March 2024, up 16.3% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $155.5K | +11.1% |
2 Bedrooms | $274K | $313K | +14.2% |
3 Bedrooms | $560K | $600K | +7.1% |
4 Bedrooms | $765K | $745K | -2.6% |
5+ Bedrooms | $860K | $867.5K | +0.9% |
Summary: 33161 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in 33161, FL
How many homes are available in 33161, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
160 | 185 | +15.6% |
Summary: The 33161 real estate market had 185 homes for sale in March 2024, a 15.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 24 | 29 | +20.8% |
2 Bedrooms | 36 | 40 | +11.1% |
3 Bedrooms | 55 | 64 | +16.4% |
4 Bedrooms | 30 | 36 | +20.0% |
5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The 33161 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 33161 in March 2024, up by 17.6% month-over-month. Of the 20 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for 33161, FL
How long does it take to sell a home in 33161, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 45 Days | -35.9% |
Summary: Homes in 33161 had an average of 45 days on market in Mar 2024, down by 35.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 33161; 55% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.