$3,135 Closing Credit*
$264,000
828 SqFt
1 Bed
•1 Full Bath
Derek Eisenberg, Listing Office: CONTINENTAL REAL ESTATE GROUP
Is 33585, 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, 33585 was a Seller's Market.
Key Takeaway
33585 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33585, FL
How much do homes in 33585, FL cost?
Median Sold Price
$384,950
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$22,550(-5.5%)
Key Takeaway
Homes in 33585 have sold for 5.5% less than they did a year ago.
Summary: The median home sold price in 33585 was $384,950 in October 2024, down 5.5% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267.5K | $273.9K | +2.4% |
| 2 Bedrooms | $297.5K | $309K | +3.9% |
| 3 Bedrooms | $447.4K | $405K | -9.5% |
| 4 Bedrooms | $500K | $313.9K | -37.2% |
| 5+ Bedrooms | $1.5M | $770K | -48.7% |
Summary: 33585 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 37.2%, and 5+ bedroom homes decreased by 48.7%.
Median Sold Price Compared To Nearby Zip Codes
| 34785 | $319.3K | $361.6K | +13.2% |
| 33585 | $407.5K | $384.9K | -5.5% |
Housing Supply in 33585, FL
How many homes are available in 33585, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 60 | +11.1% |
Summary: The 33585 real estate market had 60 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 38 | 40 | +5.3% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 33585 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33585, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 33585 in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market for 33585, FL
How long does it take to sell a home in 33585, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 45 Days | +104.9% |
Summary: Homes in 33585 had an average of 45 days on market in Oct 2024, up by 104.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 33585 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 33585; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.