Is 33701, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 33701 was a Seller's Market.
Housing Prices in 33701, FL
How much do homes in 33701, FL cost?
Median Sold Price
$1,079,480
$590/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 33701 was $1,079,480 in May 2024, up 56.4% from last year, and the median price per square foot was $590.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $402.5K | $345.5K | -14.2% |
2 Bedrooms | $700K | $1.1M | +58.0% |
3 Bedrooms | $780K | $1.3M | +71.8% |
4 Bedrooms | $940.5K | $1.3M | +41.9% |
5+ Bedrooms | $1.4M | $1.7M | +19.2% |
Summary: 33701 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.2%, 2 bedroom homes increased by 58%, 3 bedroom homes increased by 71.8%, 4 bedroom homes increased by 41.9%, and 5+ bedroom homes increased by 19.2%.
Housing Supply in 33701, FL
How many homes are available in 33701, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
242 | 238 | -1.7% |
Summary: The 33701 real estate market had 238 homes for sale in May 2024, a 1.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 41 | 45 | +9.8% |
2 Bedrooms | 93 | 97 | +4.3% |
3 Bedrooms | 77 | 67 | -13.0% |
4 Bedrooms | 20 | 17 | -15.0% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The 33701 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 39 | -15.2% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 33701 in May 2024, down by 15.2% month-over-month. Of the 39 sold homes, 79% were sold under asking, 15% were sold at asking, and 5% were sold over asking.
Days on Market for 33701, FL
How long does it take to sell a home in 33701, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 63 Days | +177.3% |
Summary: Homes in 33701 had an average of 63 days on market in May 2024, up by 177.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During May 2024, 39 homes were sold in 33701; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.