Is 33716, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 33716 was a Seller's Market.
Key Takeaway
33716 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33716, FL
How much do homes in 33716, FL cost?
Median Sold Price
$224,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 33716 have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in 33716 was $224,000 in March 2024, up 10.3% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $154.5K | -0.3% |
| 2 Bedrooms | $205K | $215K | +4.9% |
| 3 Bedrooms | $445K | $483.5K | +8.7% |
| 4 Bedrooms | $672.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 33716 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.3%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 8.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 33716, FL
How many homes are available in 33716, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 53 | 55 | +3.8% |
Summary: The 33716 real estate market had 55 homes for sale in March 2024, a 3.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 17 | -10.5% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 33716 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 33716, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 33716 in March 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 33716, FL
How long does it take to sell a home in 33716, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 29 Days | 86 Days | +192.5% |
Summary: Homes in 33716 had an average of 86 days on market in Mar 2024, up by 192.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 33716 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 7 homes were sold in 33716; 14% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
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