Is 33598, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 33598 has remained a Seller's Market.
Key Takeaway
33598 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 33598, FL
How much do homes in 33598, FL cost?
Median Sold Price
$389,951
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 33598 have sold for 4% less than they did a year ago.
Summary: The median home sold price in 33598 was $389,951 in March 2024, down 4% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $245K | N/A |
| 2 Bedrooms | $402.3K | $419.5K | +4.3% |
| 3 Bedrooms | $376.9K | $345.5K | -8.4% |
| 4 Bedrooms | $405K | $379.9K | -6.2% |
| 5+ Bedrooms | $425K | $435K | +2.4% |
Summary: 33598 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 33598, FL
How many homes are available in 33598, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 306 | 304 | -0.7% |
Summary: The 33598 real estate market had 304 homes for sale in March 2024, a 0.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 44 | 47 | +6.8% |
| 3 Bedrooms | 119 | 122 | +2.5% |
| 4 Bedrooms | 84 | 81 | -3.6% |
| 5+ Bedrooms | 57 | 53 | -7.0% |
Summary: The 33598 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 66 | 53 | -19.7% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33598, expect to pay close to the asking price. 47.2% of homes here sold near the asking price last month.
Summary: A total of 53 homes were sold or pending in 33598 in March 2024, down by 19.7% month-over-month. Of the 53 sold homes, 43% were sold under asking, 47% were sold at asking, and 9% were sold over asking.
Days on Market for 33598, FL
How long does it take to sell a home in 33598, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 77 Days | +41.9% |
Summary: Homes in 33598 had an average of 77 days on market in Mar 2024, up by 41.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 33598 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 53 homes were sold in 33598; 30% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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