Is Beaches, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaches is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Beaches has remained a Seller's Market.

Key Takeaway

Beaches is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Beaches, FL

How much do homes in Beaches, FL cost?

Median Sold Price

$650,059

$394/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$59(0.0%)

Key Takeaway

The sold price of homes in Beaches has remained the same since last year.

Summary: The median home sold price in Beaches was $650,059 in April 2024, the same as last year, and the median price per square foot was $394.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $250K$345K
+38.0%
2 $440K$440K
0.0%
3 $625K$639.3K
+2.3%
4 $890K$925K
+3.9%
5+ $1.2M$1.4M
+19.9%

Summary: Beaches housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 19.9%.

Median Sold Price Compared To Nearby Neighborhoods

Jax Beach
+14.8%
Beaches
0.0%

Housing Supply in Beaches, FL

How many homes are available in Beaches, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
366394+7.7%

Summary: The Beaches real estate market had 394 homes for sale in April 2024, a 7.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1115
+36.4%
2 5762
+8.8%
3 182178
-2.2%
4 7897
+24.4%
5+ 3842
+10.5%

Summary: The Beaches housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 36.4%, 2 bedroom homes increased by 8.8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6984+21.7%

Asking Price vs. Sold Price

52 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaches, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.

Summary: A total of 84 homes were sold or pending in Beaches in April 2024, up by 21.7% month-over-month. Of the 84 sold homes, 62% were sold under asking, 19% were sold at asking, and 19% were sold over asking.

Days on Market for Beaches, FL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
56 Days46 Days-17.1%

Summary: Homes in Beaches had an average of 46 days on market in Apr 2024, down by 17.1% compared to last year.

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 84 homes were sold in Beaches; 67% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 19% 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 3 Days Ago

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