Is 33647, 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, 33647 has remained a Seller's Market.
Key Takeaway
33647 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 33647, FL
How much do homes in 33647, FL cost?
Median Sold Price
$486,500
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 33647 have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in 33647 was $486,500 in March 2024, up 7.8% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160.4K | $178.5K | +11.2% |
| 2 Bedrooms | $230K | $237.5K | +3.3% |
| 3 Bedrooms | $395K | $399.3K | +1.1% |
| 4 Bedrooms | $562K | $580K | +3.2% |
| 5+ Bedrooms | $680K | $670K | -1.5% |
Summary: 33647 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes decreased by 1.5%.
Housing Supply in 33647, FL
How many homes are available in 33647, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 311 | 335 | +7.7% |
Summary: The 33647 real estate market had 335 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 13 | +30.0% |
| 2 Bedrooms | 61 | 73 | +19.7% |
| 3 Bedrooms | 91 | 93 | +2.2% |
| 4 Bedrooms | 102 | 108 | +5.9% |
| 5+ Bedrooms | 47 | 48 | +2.1% |
Summary: The 33647 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 2.1%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 66 | 57 | -13.6% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33647, you may be able to get a good deal. 78.9% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in 33647 in March 2024, down by 13.6% month-over-month. Of the 57 sold homes, 79% were sold under asking, 14% were sold at asking, and 7% were sold over asking.
Days on Market for 33647, FL
How long does it take to sell a home in 33647, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 45 Days | 53 Days | +17.1% |
Summary: Homes in 33647 had an average of 53 days on market in Mar 2024, up by 17.1% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 33647 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 57 homes were sold in 33647; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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