Is 33407, 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, 33407 was a Seller's Market.
Housing Prices in 33407, FL
How much do homes in 33407, FL cost?
Median Sold Price
$349,000
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 33407 was $349,000 in March 2024, up 7.8% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $268K | $267.5K | -0.2% |
2 Bedrooms | $300K | $300K | 0.0% |
3 Bedrooms | $369.2K | $404.3K | +9.5% |
4 Bedrooms | $372K | $440K | +18.3% |
5+ Bedrooms | $640K | $410K | -35.9% |
Summary: 33407 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes did not change, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes decreased by 35.9%.
Housing Supply in 33407, FL
How many homes are available in 33407, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
237 | 256 | +8.0% |
Summary: The 33407 real estate market had 256 homes for sale in March 2024, a 8.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 22 | 23 | +4.5% |
2 Bedrooms | 100 | 112 | +12.0% |
3 Bedrooms | 62 | 72 | +16.1% |
4 Bedrooms | 35 | 36 | +2.9% |
5+ Bedrooms | 18 | 13 | -27.8% |
Summary: The 33407 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 27.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 22 | +15.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 33407 in March 2024, up by 15.8% month-over-month. Of the 22 sold homes, 73% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 33407, FL
How long does it take to sell a home in 33407, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 75 Days | +123.6% |
Summary: Homes in 33407 had an average of 75 days on market in Mar 2024, up by 123.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 33407; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.