Is 33607, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33607 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 33607 has remained a Seller's Market.

Key Takeaway

33607 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 33607, FL

How much do homes in 33607, FL cost?

Median Sold Price

$376,333

$308/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$4,216(-1.1%)

Key Takeaway

Homes in 33607 have sold for 1.1% less than they did a year ago.

Summary: The median home sold price in 33607 was $376,333 in April 2024, down 1.1% from last year, and the median price per square foot was $308.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $282.5K$250K
-11.5%
2 $323K$320K
-0.9%
3 $400K$410K
+2.5%
4 $540.9K$613.7K
+13.5%
5+ $582.5K$862.5K
+48.1%

Summary: 33607 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 48.1%.

Median Sold Price Compared To Nearby Zip Codes

33634
+8.3%
33614
+4.4%
33609
+3.4%
33607
-1.1%

Housing Supply in 33607, FL

How many homes are available in 33607, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
116134+15.5%

Summary: The 33607 real estate market had 134 homes for sale in April 2024, a 15.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1615
-6.3%
2 2830
+7.1%
3 4157
+39.0%
4 2726
-3.7%
5+ 46
+50.0%

Summary: The 33607 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 39%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1927+42.1%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33607, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 33607 in April 2024, up by 42.1% month-over-month. Of the 27 sold homes, 67% were sold under asking, 19% were sold at asking, and 15% were sold over asking.

Days on Market for 33607, FL

How long does it take to sell a home in 33607, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days46 Days+17.9%

Summary: Homes in 33607 had an average of 46 days on market in Apr 2024, up by 17.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33607 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 27 homes were sold in 33607; 37% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 26% 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 1 Day Ago

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