Is Bel-Aire, 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, Bel-Aire was a Seller's Market.
Housing Prices in Bel-Aire, FL
How much do homes in Bel-Aire, FL cost?
Median Sold Price
$627,500
$372/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bel-Aire was $627,500 in April 2024, up 7.3% from last year, and the median price per square foot was $372.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $477.5K | $540K | +13.1% |
3 Bedrooms | $586.5K | $630K | +7.4% |
4 Bedrooms | $563.7K | $622.5K | +10.4% |
5+ Bedrooms | $570K | $839.5K | +47.3% |
Summary: Bel-Aire 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 13.1%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 47.3%.
Median Sold Price Compared To Nearby Neighborhoods
Bel-Aire | $585K | $627.5K | +7.3% |
Cutler Ridge | $530.5K | $565K | +6.5% |
Housing Supply in Bel-Aire, FL
How many homes are available in Bel-Aire, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Summary: The Bel-Aire real estate market had 19 homes for sale in April 2024, a 9.5% 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 | 0 | 1 | +100.0% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bel-Aire 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 increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 3 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Bel-Aire in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bel-Aire, FL
How long does it take to sell a home in Bel-Aire, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 79 Days | +225.1% |
Summary: Homes in Bel-Aire had an average of 79 days on market in Apr 2024, up by 225.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Bel-Aire; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.