Is Thonotosassa, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Thonotosassa was a Seller's Market.
Housing Prices in Thonotosassa, FL
How much do homes in Thonotosassa, FL cost?
Median Sold Price
$368,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Thonotosassa was $368,000 in May 2024, down 10.2% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $142.5K | $150K | +5.3% |
3 Bedrooms | $302.5K | $260K | -14.0% |
4 Bedrooms | $425K | $780K | +83.5% |
5+ Bedrooms | $1.2M | $1.0M | -20.0% |
Summary: Thonotosassa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 83.5%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Cities
Wesley Chapel | $410.5K | $427.3K | +4.1% |
Seffner | $350K | $358.6K | +2.5% |
Tampa | $409.7K | $414.6K | +1.2% |
Dover | $451.2K | $435K | -3.6% |
Thonotosassa | $410K | $368K | -10.2% |
Housing Supply in Thonotosassa, FL
How many homes are available in Thonotosassa, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 43 | +34.4% |
Summary: The Thonotosassa real estate market had 43 homes for sale in May 2024, a 34.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 12 | 14 | +16.7% |
5+ Bedrooms | 10 | 15 | +50.0% |
Summary: The Thonotosassa housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Thonotosassa in May 2024, up by 50.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Thonotosassa, FL
How long does it take to sell a home in Thonotosassa, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 96 Days | +465.7% |
Summary: Homes in Thonotosassa had an average of 96 days on market in May 2024, up by 465.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Thonotosassa; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.