Is 33606, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 33606 was a Seller's Market.
Key Takeaway
33606 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33606, FL
How much do homes in 33606, FL cost?
Median Sold Price
$789,945
$493/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 33606 have sold for 12.2% less than they did a year ago.
Summary: The median home sold price in 33606 was $789,945 in April 2024, down 12.2% from last year, and the median price per square foot was $493.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $333K | $319K | -4.2% |
| 2 Bedrooms | $775K | $600K | -22.6% |
| 3 Bedrooms | $901.9K | $759.9K | -15.7% |
| 4 Bedrooms | $1.6M | $1.6M | +1.5% |
| 5+ Bedrooms | $2.5M | $2.7M | +9.4% |
Summary: 33606 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes decreased by 22.6%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 9.4%.
Housing Supply in 33606, FL
How many homes are available in 33606, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 134 | 158 | +17.9% |
Summary: The 33606 real estate market had 158 homes for sale in April 2024, a 17.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 19 | +26.7% |
| 2 Bedrooms | 37 | 45 | +21.6% |
| 3 Bedrooms | 34 | 36 | +5.9% |
| 4 Bedrooms | 22 | 30 | +36.4% |
| 5+ Bedrooms | 26 | 28 | +7.7% |
Summary: The 33606 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 21.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Asking Price vs. Sold Price
11 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 33606, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 33606 in April 2024, down by 9.5% month-over-month. Of the 19 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for 33606, FL
How long does it take to sell a home in 33606, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 46 Days | +38.7% |
Summary: Homes in 33606 had an average of 46 days on market in Apr 2024, up by 38.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 33606 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 33606; 63% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.