$5,878 Closing Credit*
$495,000
825 SqFt
1 Bed
•1 Full Bath
Maria Borras, Listing Office: Related ISG Realty, LLC.
Is 33131, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 33131 has remained a Buyer's Market.
Key Takeaway
33131 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33131, FL
How much do homes in 33131, FL cost?
Median Sold Price
$687,600
$663/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,266(+5.2%)
Key Takeaway
Homes in 33131 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 33131 was $687,600 in November 2024, up 5.2% from last year, and the median price per square foot was $663.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $515K | +3.0% |
| 2 Bedrooms | $790K | $776.6K | -1.7% |
| 3 Bedrooms | $1.3M | $1.4M | +6.0% |
| 4 Bedrooms | $3.5M | $3.1M | -11.3% |
| 5+ Bedrooms | $3.5M | $33.0M | +837.5% |
Summary: 33131 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes increased by 837.5%.
Housing Supply in 33131, FL
How many homes are available in 33131, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 708 | 815 | +15.1% |
Summary: The 33131 real estate market had 815 homes for sale in November 2024, a 15.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 244 | 279 | +14.3% |
| 2 Bedrooms | 336 | 380 | +13.1% |
| 3 Bedrooms | 92 | 111 | +20.7% |
| 4 Bedrooms | 22 | 30 | +36.4% |
| 5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The 33131 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 37 | -15.9% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33131, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in 33131 in November 2024, down by 15.9% month-over-month. Of the 37 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 33131, FL
How long does it take to sell a home in 33131, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 87 Days | +41.8% |
Summary: Homes in 33131 had an average of 87 days on market in Nov 2024, up by 41.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 33131 has remained consistent over time.
Summary: During November 2024, 37 homes were sold in 33131; 14% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.
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