Is 33708, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33708 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 33708 was a Seller's Market.

Key Takeaway

33708 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33708, FL

How much do homes in 33708, FL cost?

Median Sold Price

$574,033

$476/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$65,789(-10.3%)

Key Takeaway

Homes in 33708 have sold for 10.3% less than they did a year ago.

Summary: The median home sold price in 33708 was $574,033 in March 2024, down 10.3% from last year, and the median price per square foot was $476.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $315K$275K
-12.7%
2 $580K$508.7K
-12.3%
3 $925K$785K
-15.1%
4 $1.1M$1.5M
+33.0%
5+ $3.8M$2.8M
-25.3%

Summary: 33708 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.7%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 33%, and 5+ bedroom homes decreased by 25.3%.

Median Sold Price Compared To Nearby Zip Codes

33777
+7.3%
33776
+5.9%
33772
+4.2%
33708
-10.3%

Housing Supply in 33708, FL

How many homes are available in 33708, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
414442+6.8%

Summary: The 33708 real estate market had 442 homes for sale in March 2024, a 6.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 4049
+22.5%
2 201204
+1.5%
3 129139
+7.8%
4 3537
+5.7%
5+ 913
+44.4%

Summary: The 33708 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 44.4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4552+15.6%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33708, you may be able to get a good deal. 92.3% of homes here sold below asking price last month.

Summary: A total of 52 homes were sold or pending in 33708 in March 2024, up by 15.6% month-over-month. Of the 52 sold homes, 92% were sold under asking, 6% were sold at asking, and 2% were sold over asking.

Days on Market for 33708, FL

How long does it take to sell a home in 33708, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
48 Days73 Days+53.2%

Summary: Homes in 33708 had an average of 73 days on market in Mar 2024, up by 53.2% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33708 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 52 homes were sold in 33708; 46% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 37% 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 28 Days Ago

Newest Listings in 33708, FL

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