Is Bel Mar Gardens, 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 Mar Gardens was a Seller's Market.
Key Takeaway
Bel Mar Gardens 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 Bel Mar Gardens, FL
How much do homes in Bel Mar Gardens, FL cost?
Median Sold Price
$722,500
$395/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bel Mar Gardens have sold for 37.1% less than they did a year ago.
Summary: The median home sold price in Bel Mar Gardens was $722,500 in April 2024, down 37.1% from last year, and the median price per square foot was $395.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $415K | N/A |
| 2 Bedrooms | $375K | $358.5K | -4.4% |
| 3 Bedrooms | $775K | $595K | -23.2% |
| 4 Bedrooms | $1.0M | $1.2M | +14.3% |
| 5+ Bedrooms | $1.3M | $1.5M | +15.4% |
Summary: Bel Mar Gardens 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 decreased by 4.4%, 3 bedroom homes decreased by 23.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 15.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Virginia Park | $965K | $1.0M | +11.4% |
| Fair Oaks / Manhattan Manor | $285K | $317.5K | +11.4% |
| South Tampa | $623.5K | $653.2K | +4.8% |
| Sunset Park | $1.5M | $1.1M | -25.0% |
| Bel Mar Gardens | $1.1M | $722.5K | -37.1% |
Housing Supply in Bel Mar Gardens, FL
How many homes are available in Bel Mar Gardens, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Bel Mar Gardens real estate market had 7 homes for sale in April 2024, a 22.2% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bel Mar Gardens 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 decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bel Mar Gardens, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Bel Mar Gardens in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bel Mar Gardens, FL
How long does it take to sell a home in Bel Mar Gardens, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 30 Days | +122.2% |
Summary: Homes in Bel Mar Gardens had an average of 30 days on market in Apr 2024, up by 122.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bel Mar Gardens has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Bel Mar Gardens; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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