Is 33408, 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, 33408 was a Seller's Market.
Housing Prices in 33408, FL
How much do homes in 33408, FL cost?
Median Sold Price
$599,000
$397/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 33408 was $599,000 in March 2024, up 18% from last year, and the median price per square foot was $397.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $209K | $217.5K | +4.1% |
2 Bedrooms | $419.6K | $430K | +2.5% |
3 Bedrooms | $700K | $875K | +25.0% |
4 Bedrooms | $865K | $1.2M | +49.9% |
5+ Bedrooms | $4.7M | $3.2M | -31.0% |
Summary: 33408 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 49.9%, and 5+ bedroom homes decreased by 31%.
Housing Supply in 33408, FL
How many homes are available in 33408, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
400 | 427 | +6.8% |
Summary: The 33408 real estate market had 427 homes for sale in March 2024, a 6.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 31 | 43 | +38.7% |
2 Bedrooms | 209 | 217 | +3.8% |
3 Bedrooms | 112 | 111 | -0.9% |
4 Bedrooms | 36 | 41 | +13.9% |
5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The 33408 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 38.7%, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 50 | +31.6% |
Asking Price vs. Sold Price
41 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in 33408 in March 2024, up by 31.6% month-over-month. Of the 50 sold homes, 82% were sold under asking, 12% were sold at asking, and 6% were sold over asking.
Days on Market for 33408, FL
How long does it take to sell a home in 33408, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 42 Days | -22.8% |
Summary: Homes in 33408 had an average of 42 days on market in Mar 2024, down by 22.8% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 50 homes were sold in 33408; 60% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.