How's the Real Estate Market??

Thonotosassa, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Thonotosassa, FL

Tue Sep 22 2020
This week the median list price for Thonotosassa, FL is $430,000 with the market action index hovering around 33. This is less than last month's market action index of 38. Inventory has held steady at or around 15. Click here to stay informed with the Thonotosassa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Thonotosassa, FL

Tue Sep 22 2020
This week the median list price for Thonotosassa, FL is $430,000 with the market action index hovering around 33. This is less than last month's market action index of 38. Inventory has held steady at or around 15. Click here to stay informed with the Thonotosassa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Thonotosassa market.
Median List Price $430,000
Per Square Foot $188
Days on Market 106
Price Decreased 27%
Price Increased 0%
Relisted 0%
Inventory 15
Median Rent $1,125
Most Expensive $17,500,000
Least Expensive $250,000
Market Action 33
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$6,000,000 5,836 10 - 20 acres 5 4 2 0 0 317
$632,500 3,051 1 - 2.5 acres 4 3 11 0 0 134
$337,500 2,391 1 - 2.5 acres 4 3 32 1 2 8
$272,450 1,792 0.25 - 0.5 acre 3 2 42 3 0 17