Is 33418, 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, 33418 was a Seller's Market.
Key Takeaway
33418 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33418, FL
How much do homes in 33418, FL cost?
Median Sold Price
$750,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 33418 have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in 33418 was $750,000 in March 2024, up 11.2% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $222.7K | +8.7% |
| 2 Bedrooms | $400K | $415K | +3.8% |
| 3 Bedrooms | $675K | $692K | +2.5% |
| 4 Bedrooms | $1.2M | $1.1M | -4.6% |
| 5+ Bedrooms | $1.8M | $2.0M | +12.2% |
Summary: 33418 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 3.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 12.2%.
Housing Supply in 33418, FL
How many homes are available in 33418, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 565 | 597 | +5.7% |
Summary: The 33418 real estate market had 597 homes for sale in March 2024, a 5.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 123 | 126 | +2.4% |
| 3 Bedrooms | 225 | 241 | +7.1% |
| 4 Bedrooms | 125 | 133 | +6.4% |
| 5+ Bedrooms | 84 | 88 | +4.8% |
Summary: The 33418 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 75 | 75 | 0.0% |
Asking Price vs. Sold Price
67 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33418, you may be able to get a good deal. 89.3% of homes here sold below asking price last month.
Summary: A total of 75 homes were sold or pending in 33418 in March 2024, the same as the previous month. Of the 75 sold homes, 89% were sold under asking, 5% were sold at asking, and 5% were sold over asking.
Days on Market for 33418, FL
How long does it take to sell a home in 33418, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 52 Days | 62 Days | +18.8% |
Summary: Homes in 33418 had an average of 62 days on market in Mar 2024, up by 18.8% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 33418 has remained consistent over time.
Summary: During March 2024, 75 homes were sold in 33418; 36% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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