Is 33785, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33785 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 33785 was a Seller's Market.

Key Takeaway

33785 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33785, FL

How much do homes in 33785, FL cost?

Median Sold Price

$835,000

$616/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$92,500(+12.5%)

Key Takeaway

Homes in 33785 have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in 33785 was $835,000 in March 2024, up 12.5% from last year, and the median price per square foot was $616.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $535K$414.5K
-22.5%
2 $670K$665K
-0.7%
3 $945K$1.0M
+12.7%
4 $1.6M$1.4M
-12.1%
5+ $3.1M$2.3M
-25.9%

Summary: 33785 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.5%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes decreased by 25.9%.

Median Sold Price Compared To Nearby Zip Codes

33785
+12.5%
33776
+5.9%
33786
+2.9%
33774
+2.1%
33770
-10.8%

Housing Supply in 33785, FL

How many homes are available in 33785, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
178197+10.7%

Summary: The 33785 real estate market had 197 homes for sale in March 2024, a 10.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1619
+18.8%
2 7884
+7.7%
3 5260
+15.4%
4 2122
+4.8%
5+ 1112
+9.1%

Summary: The 33785 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1321+61.5%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33785, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 33785 in March 2024, up by 61.5% month-over-month. Of the 21 sold homes, 86% were sold under asking, 10% were sold at asking, and 5% were sold over asking.

Days on Market for 33785, FL

How long does it take to sell a home in 33785, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
71 Days84 Days+17.3%

Summary: Homes in 33785 had an average of 84 days on market in Mar 2024, up by 17.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33785 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 21 homes were sold in 33785; 33% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 48% 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 26 Days Ago

Newest Listings in 33785, FL

Nearby Markets to 33785, FL