Is Belleair, 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, Belleair has remained a Seller's Market.
Key Takeaway
Belleair is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belleair, FL
How much do homes in Belleair, FL cost?
Median Sold Price
$625,000
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Belleair have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Belleair was $625,000 in May 2024, down 1.7% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $259K | N/A |
| 2 Bedrooms | $460K | $445K | -3.3% |
| 3 Bedrooms | $722.5K | $837.5K | +15.9% |
| 4 Bedrooms | $1.0M | $1.4M | +44.5% |
| 5+ Bedrooms | $2.6M | $2.3M | -10.3% |
Summary: Belleair 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 decreased by 3.3%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 44.5%, and 5+ bedroom homes decreased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Clearwater Beach | $784.2K | $865K | +10.3% |
| Clearwater | $356.4K | $356.2K | -0.1% |
| Largo | $340K | $335.3K | -1.4% |
| Belleair | $635.5K | $625K | -1.7% |
Housing Supply in Belleair, FL
How many homes are available in Belleair, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 73 | 72 | -1.4% |
Summary: The Belleair real estate market had 72 homes for sale in May 2024, a 1.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 41 | 37 | -9.8% |
| 3 Bedrooms | 25 | 24 | -4.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Belleair 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 decreased by 9.8%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belleair, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Belleair in May 2024, down by 23.5% month-over-month. Of the 13 sold homes, 77% were sold under asking, 23% were sold at asking, and 0% were sold over asking.
Days on Market for Belleair, FL
How long does it take to sell a home in Belleair, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 58 Days | 63 Days | +7.5% |
Summary: Homes in Belleair had an average of 63 days on market in May 2024, up by 7.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belleair are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Belleair; 54% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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