Is 33701, 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, 33701 has remained a Seller's Market.
Key Takeaway
33701 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 33701, FL
How much do homes in 33701, FL cost?
Median Sold Price
$1,045,535
$590/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 33701 have sold for 51.5% more than they did a year ago.
Summary: The median home sold price in 33701 was $1,045,535 in March 2024, up 51.5% from last year, and the median price per square foot was $590.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $399K | $380K | -4.8% |
| 2 Bedrooms | $688.7K | $1.0M | +55.5% |
| 3 Bedrooms | $852.5K | $1.3M | +57.2% |
| 4 Bedrooms | $877.5K | $1.1M | +32.1% |
| 5+ Bedrooms | $1.0M | $1.8M | +74.7% |
Summary: 33701 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 55.5%, 3 bedroom homes increased by 57.2%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 74.7%.
Housing Supply in 33701, FL
How many homes are available in 33701, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 233 | 231 | -0.9% |
Summary: The 33701 real estate market had 231 homes for sale in March 2024, a 0.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 44 | +12.8% |
| 2 Bedrooms | 94 | 88 | -6.4% |
| 3 Bedrooms | 70 | 72 | +2.9% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 33701 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.8%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 42 | +61.5% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33701, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 33701 in March 2024, up by 61.5% month-over-month. Of the 42 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 33701, FL
How long does it take to sell a home in 33701, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 61 Days | +48.1% |
Summary: Homes in 33701 had an average of 61 days on market in Mar 2024, up by 48.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 33701 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 42 homes were sold in 33701; 48% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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