Is 33187, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33187 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33187 was a Seller's Market.

Key Takeaway

33187 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33187, FL

How much do homes in 33187, FL cost?

Median Sold Price

$730,000

$367/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,000(+12.3%)

Key Takeaway

Homes in 33187 have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in 33187 was $730,000 in October 2024, up 12.3% from last year, and the median price per square foot was $367.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $815K$860K
+5.5%
3 $580K$607.5K
+4.7%
4 $700K$745K
+6.4%
5+ $918.6K$911.5K
-0.8%

Summary: 33187 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Zip Codes

33170
+12.6%
33187
+12.3%
33177
+9.6%
33196
+1.2%

Housing Supply in 33187, FL

How many homes are available in 33187, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
95103+8.4%

Summary: The 33187 real estate market had 103 homes for sale in October 2024, a 8.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 3637
+2.8%
4 4551
+13.3%
5+ 1112
+9.1%

Summary: The 33187 housing inventory by bedroom type for October 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 2.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
912+33.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33187, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 33187 in October 2024, up by 33.3% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.

Days on Market for 33187, FL

How long does it take to sell a home in 33187, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days40 Days-19.0%

Summary: Homes in 33187 had an average of 40 days on market in Oct 2024, down by 19% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33187 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in 33187; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in 33187, FL

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