Is 33602, 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, 33602 was a Seller's Market.
Key Takeaway
33602 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33602, FL
How much do homes in 33602, FL cost?
Median Sold Price
$605,750
$458/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 33602 have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in 33602 was $605,750 in March 2024, down 2.6% from last year, and the median price per square foot was $458.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $430K | $405K | -5.8% |
| 2 Bedrooms | $650K | $590K | -9.2% |
| 3 Bedrooms | $775K | $775K | 0.0% |
| 4 Bedrooms | $930K | $1.1M | +23.7% |
| 5+ Bedrooms | $714.9K | $1.2M | +80.4% |
Summary: 33602 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.8%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 23.7%, and 5+ bedroom homes increased by 80.4%.
Housing Supply in 33602, FL
How many homes are available in 33602, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 157 | 184 | +17.2% |
Summary: The 33602 real estate market had 184 homes for sale in March 2024, a 17.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 31 | +55.0% |
| 2 Bedrooms | 73 | 76 | +4.1% |
| 3 Bedrooms | 49 | 51 | +4.1% |
| 4 Bedrooms | 6 | 13 | +116.7% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The 33602 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 55%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 25 | +38.9% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33602, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 33602 in March 2024, up by 38.9% month-over-month. Of the 25 sold homes, 80% were sold under asking, 12% were sold at asking, and 8% were sold over asking.
Days on Market for 33602, FL
How long does it take to sell a home in 33602, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 52 Days | 77 Days | +46.9% |
Summary: Homes in 33602 had an average of 77 days on market in Mar 2024, up by 46.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 33602 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 25 homes were sold in 33602; 44% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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