Is 33609, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33609 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33609 was a Seller's Market.

Key Takeaway

33609 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33609, FL

How much do homes in 33609, FL cost?

Median Sold Price

$712,288

$371/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$43,954(+6.6%)

Key Takeaway

Homes in 33609 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 33609 was $712,288 in October 2024, up 6.6% from last year, and the median price per square foot was $371.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $210K$218K
+3.8%
2 $376.5K$370K
-1.8%
3 $680K$676.9K
-0.4%
4 $972.5K$1.0M
+8.0%
5+ $1.9M$2.3M
+18.5%

Summary: 33609 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 18.5%.

Median Sold Price Compared To Nearby Zip Codes

33629
+47.4%
33634
+12.0%
33609
+6.6%
33607
+5.4%
33606
-16.5%

Housing Supply in 33609, FL

How many homes are available in 33609, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
151163+7.9%

Summary: The 33609 real estate market had 163 homes for sale in October 2024, a 7.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1821
+16.7%
2 2029
+45.0%
3 5155
+7.8%
4 3533
-5.7%
5+ 2725
-7.4%

Summary: The 33609 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 45%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 7.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
22220.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33609, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 33609 in October 2024, the same as the previous month. Of the 22 sold homes, 68% were sold under asking, 18% were sold at asking, and 14% were sold over asking.

Days on Market for 33609, FL

How long does it take to sell a home in 33609, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
40 Days54 Days+33.0%

Summary: Homes in 33609 had an average of 54 days on market in Oct 2024, up by 33% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33609 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 33609; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 14 Days Ago

Newest Listings in 33609, FL

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