Is 33196, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 33196 has remained a Seller's Market.
Key Takeaway
33196 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 33196, FL
How much do homes in 33196, FL cost?
Median Sold Price
$555,000
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 33196 have sold for 11% more than they did a year ago.
Summary: The median home sold price in 33196 was $555,000 in May 2024, up 11% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $245K | +19.5% |
| 2 Bedrooms | $255.5K | $306.5K | +20.0% |
| 3 Bedrooms | $470K | $530K | +12.8% |
| 4 Bedrooms | $632.4K | $705K | +11.5% |
| 5+ Bedrooms | $715K | $760K | +6.3% |
Summary: 33196 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 33196, FL
How many homes are available in 33196, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 145 | 137 | -5.5% |
Summary: The 33196 real estate market had 137 homes for sale in May 2024, a 5.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 10 | -9.1% |
| 2 Bedrooms | 25 | 23 | -8.0% |
| 3 Bedrooms | 49 | 40 | -18.4% |
| 4 Bedrooms | 37 | 41 | +10.8% |
| 5+ Bedrooms | 23 | 23 | 0.0% |
Summary: The 33196 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 36 | 33 | -8.3% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 33196, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 33196 in May 2024, down by 8.3% month-over-month. Of the 33 sold homes, 82% were sold under asking, 6% were sold at asking, and 12% were sold over asking.
Days on Market for 33196, FL
How long does it take to sell a home in 33196, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 42 Days | +42.2% |
Summary: Homes in 33196 had an average of 42 days on market in May 2024, up by 42.2% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 33196 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 33 homes were sold in 33196; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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