Is Thonotosassa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Thonotosassa has remained a Seller's Market.
Key Takeaway
Thonotosassa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Thonotosassa, FL
How much do homes in Thonotosassa, FL cost?
Median Sold Price
$368,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Thonotosassa have sold for 8.6% less than they did a year ago.
Summary: The median home sold price in Thonotosassa was $368,000 in June 2024, down 8.6% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142.5K | $150K | +5.3% |
| 3 Bedrooms | $305K | $260K | -14.8% |
| 4 Bedrooms | $490K | $729.9K | +49.0% |
| 5+ Bedrooms | $1.9M | $1.0M | -48.8% |
Summary: Thonotosassa housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 49%, and 5+ bedroom homes decreased by 48.8%.
Median Sold Price Compared To Nearby Cities
| Wesley Chapel | $409.4K | $431.7K | +5.4% |
| Tampa | $409K | $418.7K | +2.4% |
| Seffner | $350K | $357K | +2.0% |
| Dover | $440K | $435K | -1.1% |
| Thonotosassa | $402.5K | $368K | -8.6% |
Housing Supply in Thonotosassa, FL
How many homes are available in Thonotosassa, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 41 | 39 | -4.9% |
Summary: The Thonotosassa real estate market had 39 homes for sale in June 2024, a 4.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The Thonotosassa housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Thonotosassa, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Thonotosassa in June 2024, up by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for Thonotosassa, FL
How long does it take to sell a home in Thonotosassa, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 42 Days | 43 Days | +3.6% |
Summary: Homes in Thonotosassa had an average of 43 days on market in Jun 2024, up by 3.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Thonotosassa are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 8 homes were sold in Thonotosassa; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.