Is 33991, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33991 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 33991 was a Seller's Market.

Key Takeaway

33991 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33991, FL

How much do homes in 33991, FL cost?

Median Sold Price

$431,088

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$18,911(-4.2%)

Key Takeaway

Homes in 33991 have sold for 4.2% less than they did a year ago.

Summary: The median home sold price in 33991 was $431,088 in April 2024, down 4.2% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $342.5K$375K
+9.5%
3 $424.5K$424.1K
-0.1%
4 $500K$450K
-10.0%
5+ $563K$483K
-14.2%

Summary: 33991 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 14.2%.

Median Sold Price Compared To Nearby Zip Codes

33909
-0.3%
33993
-2.6%
33990
-2.9%
33991
-4.2%
33914
-6.5%

Housing Supply in 33991, FL

How many homes are available in 33991, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
515538+4.5%

Summary: The 33991 real estate market had 538 homes for sale in April 2024, a 4.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 3237
+15.6%
3 313322
+2.9%
4 158167
+5.7%
5+ 1212
0.0%

Summary: The 33991 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
7271-1.4%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33991, you may be able to get a good deal. 64.8% of homes here sold below asking price last month.

Summary: A total of 71 homes were sold or pending in 33991 in April 2024, down by 1.4% month-over-month. Of the 71 sold homes, 65% were sold under asking, 27% were sold at asking, and 8% were sold over asking.

Days on Market for 33991, FL

How long does it take to sell a home in 33991, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
42 Days80 Days+91.3%

Summary: Homes in 33991 had an average of 80 days on market in Apr 2024, up by 91.3% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

26 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33991 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 71 homes were sold in 33991; 30% of homes were sold within 30 days, 34% 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 4 Days Ago

Newest Listings in 33991, FL

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