$3,824 Closing Credit*
$322,000
1,694 SqFt
3 Beds
•2 Full Baths, 1 Partial
Carl Bradford Cramer, Listing Office: Keller Williams Palm Beach Isl
Is 33406, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 33406 was a Seller's Market.
Key Takeaway
33406 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33406, FL
How much do homes in 33406, FL cost?
Median Sold Price
$410,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,500(+10.4%)
Key Takeaway
Homes in 33406 have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in 33406 was $410,000 in November 2024, up 10.4% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $134.5K | $116K | -13.8% |
| 2 Bedrooms | $280K | $297.5K | +6.3% |
| 3 Bedrooms | $430K | $460K | +7.0% |
| 4 Bedrooms | $630K | $570K | -9.5% |
| 5+ Bedrooms | $484K | $1.0M | +108.7% |
Summary: 33406 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 108.7%.
Housing Supply in 33406, FL
How many homes are available in 33406, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 121 | 134 | +10.7% |
Summary: The 33406 real estate market had 134 homes for sale in November 2024, a 10.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 43 | 44 | +2.3% |
| 3 Bedrooms | 56 | 58 | +3.6% |
| 4 Bedrooms | 14 | 24 | +71.4% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 33406 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 increased by 2.3%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33406, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 33406 in November 2024, down by 6.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for 33406, FL
How long does it take to sell a home in 33406, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 47 Days | +34.4% |
Summary: Homes in 33406 had an average of 47 days on market in Nov 2024, up by 34.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 33406 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in 33406; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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