Is 33950, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33950 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 33950 was a Seller's Market.

Key Takeaway

33950 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33950, FL

How much do homes in 33950, FL cost?

Median Sold Price

$429,666

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$76,944(-15.2%)

Key Takeaway

Homes in 33950 have sold for 15.2% less than they did a year ago.

Summary: The median home sold price in 33950 was $429,666 in March 2024, down 15.2% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $150K$142K
-5.3%
2 $352K$319.7K
-9.2%
3 $696.6K$657K
-5.7%
4 $762K$487.5K
-36.0%
5+ $770K$1.2M
+65.6%

Summary: 33950 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 36%, and 5+ bedroom homes increased by 65.6%.

Median Sold Price Compared To Nearby Zip Codes

33952
-2.7%
33980
-3.6%
33955
-3.6%
33983
-3.6%
33950
-15.2%

Housing Supply in 33950, FL

How many homes are available in 33950, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
812856+5.4%

Summary: The 33950 real estate market had 856 homes for sale in March 2024, a 5.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 99
0.0%
2 238244
+2.5%
3 482521
+8.1%
4 7371
-2.7%
5+ 1011
+10.0%

Summary: The 33950 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
62105+69.4%

Asking Price vs. Sold Price

82 Homes Were Sold
Under Asking

21 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33950, you may be able to get a good deal. 78.1% of homes here sold below asking price last month.

Summary: A total of 105 homes were sold or pending in 33950 in March 2024, up by 69.4% month-over-month. Of the 105 sold homes, 78% were sold under asking, 20% were sold at asking, and 2% were sold over asking.

Days on Market for 33950, FL

How long does it take to sell a home in 33950, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days71 Days+70.3%

Summary: Homes in 33950 had an average of 71 days on market in Mar 2024, up by 70.3% compared to last year.

Breakdown of Home Sale Times

47 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

30 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33950 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 105 homes were sold in 33950; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 29% 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 33950, FL

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