Is 32703, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 32703 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 32703 has remained a Seller's Market.

Key Takeaway

32703 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 32703, FL

How much do homes in 32703, FL cost?

Median Sold Price

$360,716

$217/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,716(+3.1%)

Key Takeaway

Homes in 32703 have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in 32703 was $360,716 in November 2024, up 3.1% from last year, and the median price per square foot was $217.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $70.5K$60K
-14.9%
2 $235K$251.5K
+7.0%
3 $339K$347.4K
+2.5%
4 $430K$450K
+4.7%
5+ $550K$519.9K
-5.5%

Summary: 32703 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.9%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 5.5%.

Median Sold Price Compared To Nearby Zip Codes

32818
+11.0%
32810
+6.7%
34761
+5.7%
32703
+3.1%
32712
-0.5%

Housing Supply in 32703, FL

How many homes are available in 32703, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
346333-3.8%

Summary: The 32703 real estate market had 333 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1413
-7.1%
3 196189
-3.6%
4 107107
0.0%
5+ 2621
-19.2%

Summary: The 32703 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 19.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4558+28.9%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 32703, you may be able to get a good deal. 48.3% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in 32703 in November 2024, up by 28.9% month-over-month. Of the 58 sold homes, 48% were sold under asking, 38% were sold at asking, and 14% were sold over asking.

Days on Market for 32703, FL

How long does it take to sell a home in 32703, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days53 Days+158.2%

Summary: Homes in 32703 had an average of 53 days on market in Nov 2024, up by 158.2% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 32703 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 58 homes were sold in 32703; 50% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 21% 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 17 Days Ago

Newest Listings in 32703, FL

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