Is 33707, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 33707 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 33707 was a Seller's Market.

Key Takeaway

33707 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 33707, FL

How much do homes in 33707, FL cost?

Median Sold Price

$418,050

$354/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$2,260(+0.5%)

Key Takeaway

Homes in 33707 have sold for 0.5% more than they did a year ago.

Summary: The median home sold price in 33707 was $418,050 in October 2024, up 0.5% from last year, and the median price per square foot was $354.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $240K$225K
-6.3%
2 $365K$379.5K
+4.0%
3 $504K$575K
+14.1%
4 $720K$1.0M
+43.1%
5+ $1.0M$1.3M
+28.0%

Summary: 33707 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 43.1%, and 5+ bedroom homes increased by 28%.

Median Sold Price Compared To Nearby Zip Codes

33706
+12.9%
33710
+6.1%
33711
+4.6%
33713
+1.3%
33707
0.5%

Housing Supply in 33707, FL

How many homes are available in 33707, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
291295+1.4%

Summary: The 33707 real estate market had 295 homes for sale in October 2024, a 1.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 5652
-7.1%
2 120119
-0.8%
3 8995
+6.7%
4 1722
+29.4%
5+ 97
-22.2%

Summary: The 33707 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.1%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4525-44.4%

Asking Price vs. Sold Price

21 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 33707, you may be able to get a good deal. 84% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 33707 in October 2024, down by 44.4% month-over-month. Of the 25 sold homes, 84% were sold under asking, 12% were sold at asking, and 4% were sold over asking.

Days on Market for 33707, FL

How long does it take to sell a home in 33707, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days85 Days+129.4%

Summary: Homes in 33707 had an average of 85 days on market in Oct 2024, up by 129.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 33707 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 25 homes were sold in 33707; 28% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 40% 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 16 Days Ago

Newest Listings in 33707, FL

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