Is 33705, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33705 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33705 was a Seller's Market.

Key Takeaway

33705 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33705, FL

How much do homes in 33705, FL cost?

Median Sold Price

$399,250

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,450(+6.5%)

Key Takeaway

Homes in 33705 have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in 33705 was $399,250 in October 2024, up 6.5% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $249K$255K
+2.4%
2 $342.5K$347.1K
+1.4%
3 $389.3K$432.5K
+11.1%
4 $488K$495K
+1.4%
5+ $687.5K$627.5K
-8.7%

Summary: 33705 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 1.4%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 8.7%.

Median Sold Price Compared To Nearby Zip Codes

33712
+13.4%
33704
+12.9%
33705
+6.5%
33713
+1.3%
33701
-1.3%

Housing Supply in 33705, FL

How many homes are available in 33705, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
182171-6.0%

Summary: The 33705 real estate market had 171 homes for sale in October 2024, a 6.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1718
+5.9%
2 5349
-7.5%
3 6760
-10.4%
4 4040
0.0%
5+ 54
-20.0%

Summary: The 33705 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2314-39.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 33705, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 33705 in October 2024, down by 39.1% month-over-month. Of the 14 sold homes, 86% were sold under asking, 7% were sold at asking, and 7% were sold over asking.

Days on Market for 33705, FL

How long does it take to sell a home in 33705, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days55 Days+132.4%

Summary: Homes in 33705 had an average of 55 days on market in Oct 2024, up by 132.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 33705 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 33705; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 29% 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 33705, FL

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