Is BallenIsles, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, BallenIsles was a Seller's Market.
Housing Prices in BallenIsles, FL
How much do homes in BallenIsles, FL cost?
Median Sold Price
$1,292,500
$471/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in BallenIsles was $1,292,500 in April 2024, up 17.5% from last year, and the median price per square foot was $471.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $680K | $961K | +41.3% |
3 Bedrooms | $987K | $1.2M | +29.4% |
4 Bedrooms | $1.8M | $1.9M | +7.8% |
5+ Bedrooms | $3.1M | $2.9M | -7.1% |
Summary: BallenIsles housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.3%, 3 bedroom homes increased by 29.4%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in BallenIsles, FL
How many homes are available in BallenIsles, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 24 | -36.8% |
Summary: The BallenIsles real estate market had 24 homes for sale in April 2024, a 36.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 23 | 9 | -60.9% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The BallenIsles housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 60.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 2 | -89.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in BallenIsles in April 2024, down by 89.5% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for BallenIsles, FL
How long does it take to sell a home in BallenIsles, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 5 Days | -20.0% |
Summary: Homes in BallenIsles had an average of 5 days on market in Apr 2024, down by 20% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in BallenIsles; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.