Is Bayside West, 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, Bayside West was a Seller's Market.
Key Takeaway
Bayside West 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 Bayside West, FL
How much do homes in Bayside West, FL cost?
Median Sold Price
$386,250
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bayside West have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in Bayside West was $386,250 in April 2024, up 2.3% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.9K | $220K | -1.3% |
| 2 Bedrooms | $345K | $328.7K | -4.7% |
| 3 Bedrooms | $485K | $487.4K | 0.5% |
| 4 Bedrooms | $480K | $581K | +21.0% |
| 5+ Bedrooms | $975K | $946.7K | -2.9% |
Summary: Bayside West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 21%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Gandy / Sun Bay South | $455K | $480K | +5.5% |
| South Tampa | $623.5K | $653.2K | +4.8% |
| Bayside West | $377.5K | $386.2K | +2.3% |
| Bel Mar Gardens | $1.1M | $722.5K | -37.1% |
Housing Supply in Bayside West, FL
How many homes are available in Bayside West, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 41 | +7.9% |
Summary: The Bayside West real estate market had 41 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 15 | +50.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bayside West housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bayside West, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Bayside West in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Bayside West, FL
How long does it take to sell a home in Bayside West, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 37 Days | +55.4% |
Summary: Homes in Bayside West had an average of 37 days on market in Apr 2024, up by 55.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bayside West are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Bayside West; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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