Is 33703, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33703 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 33703 was a Seller's Market.

Key Takeaway

33703 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 33703, FL

How much do homes in 33703, FL cost?

Median Sold Price

$440,000

$354/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$26,067(-5.6%)

Key Takeaway

Homes in 33703 have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in 33703 was $440,000 in November 2024, down 5.6% from last year, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $170K$172.5K
+1.5%
2 $325K$310K
-4.6%
3 $514.6K$499.7K
-2.9%
4 $863.9K$890.2K
+3.0%
5+ $1.6M$1.7M
+3.0%

Summary: 33703 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 3%.

Median Sold Price Compared To Nearby Zip Codes

33704
+8.5%
33714
+5.3%
33702
-0.6%
33703
-5.6%

Housing Supply in 33703, FL

How many homes are available in 33703, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
258328+27.1%

Summary: The 33703 real estate market had 328 homes for sale in November 2024, a 27.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1313
0.0%
2 5577
+40.0%
3 120154
+28.3%
4 5868
+17.2%
5+ 1216
+33.3%

Summary: The 33703 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 40%, 3 bedroom homes increased by 28.3%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3548+37.1%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33703, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in 33703 in November 2024, up by 37.1% month-over-month. Of the 48 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% were sold over asking.

Days on Market for 33703, FL

How long does it take to sell a home in 33703, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days29 Days-9.3%

Summary: Homes in 33703 had an average of 29 days on market in Nov 2024, down by 9.3% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33703 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 48 homes were sold in 33703; 71% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 10% 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 33703, FL

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