Is 33948, 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, 33948 was a Seller's Market.
Key Takeaway
33948 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33948, FL
How much do homes in 33948, FL cost?
Median Sold Price
$319,933
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 33948 have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in 33948 was $319,933 in March 2024, down 1.4% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $153.9K | $150K | -2.6% |
| 2 Bedrooms | $259.9K | $249.5K | -4.0% |
| 3 Bedrooms | $359K | $350K | -2.5% |
| 4 Bedrooms | $381.5K | $422K | +10.6% |
| 5+ Bedrooms | $1.6M | $452K | -73.0% |
Summary: 33948 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 73%.
Housing Supply in 33948, FL
How many homes are available in 33948, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 339 | 358 | +5.6% |
Summary: The 33948 real estate market had 358 homes for sale in March 2024, a 5.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 83 | 85 | +2.4% |
| 3 Bedrooms | 208 | 221 | +6.3% |
| 4 Bedrooms | 43 | 47 | +9.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 33948 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 40 | 44 | +10.0% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33948, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in 33948 in March 2024, up by 10.0% month-over-month. Of the 44 sold homes, 82% were sold under asking, 14% were sold at asking, and 5% were sold over asking.
Days on Market for 33948, FL
How long does it take to sell a home in 33948, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 48 Days | 69 Days | +43.3% |
Summary: Homes in 33948 had an average of 69 days on market in Mar 2024, up by 43.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 33948 has remained consistent over time.
Summary: During March 2024, 44 homes were sold in 33948; 32% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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