Is Belleair Bluffs, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleair Bluffs is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Belleair Bluffs was a Seller's Market.

Key Takeaway

Belleair Bluffs is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Belleair Bluffs, FL

How much do homes in Belleair Bluffs, FL cost?

Median Sold Price

$525,000

$269/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$212,500(+68.0%)

Key Takeaway

Homes in Belleair Bluffs have sold for 68% more than they did a month ago.

Summary: The median home sold price in Belleair Bluffs was $525,000 in May 2024, up 68% from last month, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $255K-
N/A
2 $312.5K$425K
+36.0%
3 $645K-
N/A
4 -$610K
N/A
5+ --
N/A

Summary: Belleair Bluffs housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Belleair Bluffs, FL

How many homes are available in Belleair Bluffs, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4034-15.0%

Summary: The Belleair Bluffs real estate market had 34 homes for sale in May 2024, a 15.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 910
+11.1%
2 2619
-26.9%
3 10
-100.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The Belleair Bluffs housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 26.9%, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belleair Bluffs, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Belleair Bluffs in May 2024, down by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.

Days on Market for Belleair Bluffs, FL

How long does it take to sell a home in Belleair Bluffs, FL?

Average Sale Time

Apr 2024May 2024CHANGE
47 Days27 Days-42.9%

Summary: Homes in Belleair Bluffs had an average of 27 days on market in May 2024, down by 42.9% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belleair Bluffs are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Belleair Bluffs; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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