Is 33605, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33605 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 33605 has remained a Seller's Market.

Key Takeaway

33605 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 33605, FL

How much do homes in 33605, FL cost?

Median Sold Price

$305,000

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,938(+3.7%)

Key Takeaway

Homes in 33605 have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in 33605 was $305,000 in April 2024, up 3.7% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $242.5K$235K
-3.1%
2 $285K$275K
-3.5%
3 $297.4K$320K
+7.6%
4 $330K$340K
+3.0%
5+ $570K$384.9K
-32.5%

Summary: 33605 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 32.5%.

Median Sold Price Compared To Nearby Zip Codes

33619
+7.4%
33605
+3.7%
33602
+3.3%
33610
+2.4%
33603
-3.1%

Housing Supply in 33605, FL

How many homes are available in 33605, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
96112+16.7%

Summary: The 33605 real estate market had 112 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 815
+87.5%
2 1313
0.0%
3 4658
+26.1%
4 2319
-17.4%
5+ 67
+16.7%

Summary: The 33605 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 87.5%, 2 bedroom homes remained the same, 3 bedroom homes increased by 26.1%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1819+5.6%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33605, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 33605 in April 2024, up by 5.6% month-over-month. Of the 19 sold homes, 68% were sold under asking, 11% were sold at asking, and 21% were sold over asking.

Days on Market for 33605, FL

How long does it take to sell a home in 33605, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
44 Days51 Days+16.5%

Summary: Homes in 33605 had an average of 51 days on market in Apr 2024, up by 16.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33605 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 19 homes were sold in 33605; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% 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 7 Days Ago

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