Is 33701, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33701 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 33701 was a Seller's Market.

Key Takeaway

33701 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33701, FL

How much do homes in 33701, FL cost?

Median Sold Price

$822,666

$539/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$149,377(-15.4%)

Key Takeaway

Homes in 33701 have sold for 15.4% less than they did a year ago.

Summary: The median home sold price in 33701 was $822,666 in November 2024, down 15.4% from last year, and the median price per square foot was $539.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $401K$334.6K
-16.6%
2 $1.0M$805K
-20.6%
3 $1.5M$1.0M
-32.2%
4 $1.1M$1.2M
+7.9%
5+ $1.5M$1.1M
-21.1%

Summary: 33701 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.6%, 2 bedroom homes decreased by 20.6%, 3 bedroom homes decreased by 32.2%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 21.1%.

Median Sold Price Compared To Nearby Zip Codes

33704
+8.5%
33705
+6.1%
33701
-15.4%

Housing Supply in 33701, FL

How many homes are available in 33701, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
220226+2.7%

Summary: The 33701 real estate market had 226 homes for sale in November 2024, a 2.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2832
+14.3%
2 102104
+2.0%
3 5553
-3.6%
4 2625
-3.8%
5+ 912
+33.3%

Summary: The 33701 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 2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2732+18.5%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33701, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 33701 in November 2024, up by 18.5% month-over-month. Of the 32 sold homes, 88% were sold under asking, 9% were sold at asking, and 3% were sold over asking.

Days on Market for 33701, FL

How long does it take to sell a home in 33701, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days77 Days+365.1%

Summary: Homes in 33701 had an average of 77 days on market in Nov 2024, up by 365.1% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 33701 has remained consistent over time.

Summary: During November 2024, 32 homes were sold in 33701; 34% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

Newest Listings in 33701, FL

Nearby Markets to 33701, FL