Is 33704, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33704 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 33704 has remained a Seller's Market.

Key Takeaway

33704 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 33704, FL

How much do homes in 33704, FL cost?

Median Sold Price

$850,000

$477/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$133,500(+18.6%)

Key Takeaway

Homes in 33704 have sold for 18.6% more than they did a year ago.

Summary: The median home sold price in 33704 was $850,000 in April 2024, up 18.6% from last year, and the median price per square foot was $477.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $170K$195K
+14.7%
2 $510K$502.5K
-1.5%
3 $655K$804.5K
+22.8%
4 $1.3M$1.2M
-10.2%
5+ $2.1M$1.8M
-12.5%

Summary: 33704 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 22.8%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes decreased by 12.5%.

Median Sold Price Compared To Nearby Zip Codes

33701
+57.2%
33704
+18.6%
33705
+9.2%
33703
+8.7%
33713
+5.2%

Housing Supply in 33704, FL

How many homes are available in 33704, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1871870.0%

Summary: The 33704 real estate market had 187 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 4640
-13.0%
3 6659
-10.6%
4 4554
+20.0%
5+ 2832
+14.3%

Summary: The 33704 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 10.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3644+22.2%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33704, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in 33704 in April 2024, up by 22.2% month-over-month. Of the 44 sold homes, 64% were sold under asking, 25% were sold at asking, and 11% were sold over asking.

Days on Market for 33704, FL

How long does it take to sell a home in 33704, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days41 Days+6.5%

Summary: Homes in 33704 had an average of 41 days on market in Apr 2024, up by 6.5% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33704 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 44 homes were sold in 33704; 57% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 18% 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 6 Days Ago

Newest Listings in 33704, FL

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