Is 33511, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33511 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 33511 has remained a Seller's Market.

Key Takeaway

33511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 33511, FL

How much do homes in 33511, FL cost?

Median Sold Price

$375,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$66(0.0%)

Key Takeaway

The sold price of homes in 33511 has remained the same since last year.

Summary: The median home sold price in 33511 was $375,000 in April 2024, the same as last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $157K$143.5K
-8.6%
2 $247.5K$238.3K
-3.7%
3 $350K$353.7K
+1.1%
4 $445.5K$430K
-3.5%
5+ $618K$770K
+24.6%

Summary: 33511 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 24.6%.

Median Sold Price Compared To Nearby Zip Codes

33596
+1.3%
33511
0.0%
33510
0.0%
33594
0.0%
33569
-4.6%

Housing Supply in 33511, FL

How many homes are available in 33511, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
192194+1.0%

Summary: The 33511 real estate market had 194 homes for sale in April 2024, a 1.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 13
+200.0%
2 2931
+6.9%
3 8886
-2.3%
4 6463
-1.6%
5+ 1011
+10.0%

Summary: The 33511 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4753+12.8%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33511, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in 33511 in April 2024, up by 12.8% month-over-month. Of the 53 sold homes, 47% were sold under asking, 25% were sold at asking, and 28% were sold over asking.

Days on Market for 33511, FL

How long does it take to sell a home in 33511, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
44 Days32 Days-27.2%

Summary: Homes in 33511 had an average of 32 days on market in Apr 2024, down by 27.2% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33511 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 53 homes were sold in 33511; 66% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 13% 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 3 Days Ago

Newest Listings in 33511, FL

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