Is Beacon Square, 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, Beacon Square was a Seller's Market.
Key Takeaway
Beacon Square 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 Beacon Square, FL
How much do homes in Beacon Square, FL cost?
Median Sold Price
$233,900
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Beacon Square have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Beacon Square was $233,900 in April 2024, up 1.5% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | $102.5K | +3.5% |
| 2 Bedrooms | $207K | $220K | +6.3% |
| 3 Bedrooms | $264K | $273.9K | +3.8% |
| 4 Bedrooms | $380K | $448K | +17.9% |
| 5+ Bedrooms | $555K | - | N/A |
Summary: Beacon Square housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Elfers | $239.9K | $245K | +2.1% |
| Beacon Square | $230.4K | $233.9K | +1.5% |
| Gulf Harbors | $403.5K | $360K | -10.8% |
Housing Supply in Beacon Square, FL
How many homes are available in Beacon Square, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 126 | 134 | +6.3% |
Summary: The Beacon Square real estate market had 134 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 78 | 82 | +5.1% |
| 3 Bedrooms | 38 | 37 | -2.6% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Beacon Square housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 22 | +29.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beacon Square, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Beacon Square in April 2024, up by 29.4% month-over-month. Of the 22 sold homes, 55% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for Beacon Square, FL
How long does it take to sell a home in Beacon Square, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 38 Days | 61 Days | +60.4% |
Summary: Homes in Beacon Square had an average of 61 days on market in Apr 2024, up by 60.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Beacon Square has remained consistent over time.
Summary: During April 2024, 22 homes were sold in Beacon Square; 32% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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