Is Bayshore Beautiful, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bayshore Beautiful has remained a Seller's Market.
Key Takeaway
Bayshore Beautiful is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bayshore Beautiful, FL
How much do homes in Bayshore Beautiful, FL cost?
Median Sold Price
$1,217,500
$455/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bayshore Beautiful have sold for 7.4% less than they did a year ago.
Summary: The median home sold price in Bayshore Beautiful was $1,217,500 in March 2024, down 7.4% from last year, and the median price per square foot was $455.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $313.7K | +2.9% |
| 2 Bedrooms | $384.2K | $546.5K | +42.2% |
| 3 Bedrooms | $725K | $857.5K | +18.3% |
| 4 Bedrooms | $1.4M | $1.2M | -7.5% |
| 5+ Bedrooms | $2.0M | $1.9M | -7.7% |
Summary: Bayshore Beautiful housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 42.2%, 3 bedroom homes increased by 18.3%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes decreased by 7.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Ballast Point | $550K | $640K | +16.4% |
| Palma Ceia | $950K | $1.0M | +12.4% |
| Bayshore Gardens | $663.4K | $700K | +5.5% |
| South Tampa | $624.1K | $648.9K | +4.0% |
| Bayshore Beautiful | $1.3M | $1.2M | -7.4% |
Housing Supply in Bayshore Beautiful, FL
How many homes are available in Bayshore Beautiful, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 57 | 58 | +1.8% |
Summary: The Bayshore Beautiful real estate market had 58 homes for sale in March 2024, a 1.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Bayshore Beautiful housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 16 | +220.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bayshore Beautiful, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Bayshore Beautiful in March 2024, up by 220.0% month-over-month. Of the 16 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for Bayshore Beautiful, FL
How long does it take to sell a home in Bayshore Beautiful, FL?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 92 Days | 69 Days | -24.6% |
Summary: Homes in Bayshore Beautiful had an average of 69 days on market in Mar 2024, down by 24.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bayshore Beautiful are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in Bayshore Beautiful; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.