$6,519 Closing Credit*
$549,000
993 SqFt
2 Beds
•2 Full Baths
Rose Dakos, Listing Office: VIP Realty Sanibel and Captiva
Is 33957, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 33957 has remained a Buyer's Market.
Key Takeaway
33957 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33957, FL
How much do homes in 33957, FL cost?
Median Sold Price
$988,750
$564/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$88,750(+9.9%)
Key Takeaway
Homes in 33957 have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in 33957 was $988,750 in October 2024, up 9.9% from last year, and the median price per square foot was $564.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $425K | $450K | +5.9% |
| 2 Bedrooms | $729.5K | $787.5K | +8.0% |
| 3 Bedrooms | $950K | $1.0M | +11.1% |
| 4 Bedrooms | $1.4M | $1.9M | +35.2% |
| 5+ Bedrooms | $1.6M | $1.6M | +3.7% |
Summary: 33957 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 35.2%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in 33957, FL
How many homes are available in 33957, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 199 | 225 | +13.1% |
Summary: The 33957 real estate market had 225 homes for sale in October 2024, a 13.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 19 | +5.6% |
| 2 Bedrooms | 60 | 62 | +3.3% |
| 3 Bedrooms | 79 | 93 | +17.7% |
| 4 Bedrooms | 29 | 36 | +24.1% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The 33957 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 6 | -53.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33957, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 33957 in October 2024, down by 53.8% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 33957, FL
How long does it take to sell a home in 33957, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 88 Days | 219 Days | +147.5% |
Summary: Homes in 33957 had an average of 219 days on market in Oct 2024, up by 147.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 33957 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in 33957; 0% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 83% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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