Is Thonotosassa, 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, Thonotosassa was a Seller's Market.
Housing Prices in Thonotosassa, FL
How much do homes in Thonotosassa, FL cost?
Median Sold Price
$340,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Thonotosassa was $340,000 in March 2024, down 18.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $140K | $152.5K | +8.9% |
3 Bedrooms | $307.5K | $260K | -15.4% |
4 Bedrooms | $494.9K | $609.8K | +23.2% |
5+ Bedrooms | $1.0M | $1.0M | -3.4% |
Summary: Thonotosassa housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
Seffner | $350K | $355K | +1.4% |
Tampa | $412.8K | $411.3K | -0.4% |
Wesley Chapel | $421.7K | $414.9K | -1.6% |
Dover | $452.5K | $426K | -5.9% |
Thonotosassa | $415K | $340K | -18.1% |
Housing Supply in Thonotosassa, FL
How many homes are available in Thonotosassa, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 27 | -3.6% |
Summary: The Thonotosassa real estate market had 27 homes for sale in March 2024, a 3.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Thonotosassa 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Thonotosassa in March 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
110 Days | 27 Days | -75.1% |
Summary: Homes in Thonotosassa had an average of 27 days on market in Mar 2024, down by 75.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Thonotosassa; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.