$6,876 Closing Credit*
$579,000
2,370 SqFt
3 Beds
•2 Full Baths, 1 Partial
Markus Hartwich, Listing Office: Gulf Gateway Realty, Inc.
Is 33991, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 33991 was a Seller's Market.
Key Takeaway
33991 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 33991, FL
How much do homes in 33991, FL cost?
Median Sold Price
$413,903
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$34,712(-7.7%)
Key Takeaway
Homes in 33991 have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in 33991 was $413,903 in October 2024, down 7.7% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $352.5K | $362K | +2.7% |
| 3 Bedrooms | $421.4K | $400K | -5.1% |
| 4 Bedrooms | $472.9K | $440K | -7.0% |
| 5+ Bedrooms | $479K | $545K | +13.8% |
Summary: 33991 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 13.8%.
Housing Supply in 33991, FL
How many homes are available in 33991, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 488 | 486 | -0.4% |
Summary: The 33991 real estate market had 486 homes for sale in October 2024, a 0.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 257 | 255 | -0.8% |
| 4 Bedrooms | 208 | 205 | -1.4% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 33991 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 54 | -1.8% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33991, you may be able to get a good deal. 81.5% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in 33991 in October 2024, down by 1.8% month-over-month. Of the 54 sold homes, 81% were sold under asking, 11% were sold at asking, and 7% were sold over asking.
Days on Market for 33991, FL
How long does it take to sell a home in 33991, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 88 Days | +81.2% |
Summary: Homes in 33991 had an average of 88 days on market in Oct 2024, up by 81.2% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 33991 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 54 homes were sold in 33991; 26% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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