$4,156 Closing Credit*
$350,000
1,280 SqFt
3 Beds
•2 Full Baths
Pablo Perez, Listing Office: Top Tier International Realty, LLC.
Is 33016, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 33016 was a Seller's Market.
Key Takeaway
33016 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33016, FL
How much do homes in 33016, FL cost?
Median Sold Price
$334,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$32,666(-8.9%)
Key Takeaway
Homes in 33016 have sold for 8.9% less than they did a year ago.
Summary: The median home sold price in 33016 was $334,000 in October 2024, down 8.9% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $205K | +13.9% |
| 2 Bedrooms | $265K | $265K | 0.0% |
| 3 Bedrooms | $463K | $495K | +6.9% |
| 4 Bedrooms | $875K | $955K | +9.1% |
| 5+ Bedrooms | $1.1M | $1.3M | +21.6% |
Summary: 33016 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 21.6%.
Housing Supply in 33016, FL
How many homes are available in 33016, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 107 | 119 | +11.2% |
Summary: The 33016 real estate market had 119 homes for sale in October 2024, a 11.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 11 | +37.5% |
| 2 Bedrooms | 44 | 50 | +13.6% |
| 3 Bedrooms | 37 | 39 | +5.4% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 33016 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33016, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 33016 in October 2024, down by 26.7% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for 33016, FL
How long does it take to sell a home in 33016, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 42 Days | +99.6% |
Summary: Homes in 33016 had an average of 42 days on market in Oct 2024, up by 99.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 33016 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 33016; 55% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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