Is Belle Isle, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Belle Isle has remained a Seller's Market.
Housing Prices in Belle Isle, FL
How much do homes in Belle Isle, FL cost?
Median Sold Price
$595,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Belle Isle was $595,000 in June 2024, up 18.1% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $302K | $355K | +17.5% |
3 Bedrooms | $460K | $510K | +10.9% |
4 Bedrooms | $548.7K | $647K | +17.9% |
5+ Bedrooms | $757.5K | $970K | +28.1% |
Summary: Belle Isle housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes increased by 28.1%.
Median Sold Price Compared To Nearby Cities
Belle Isle | $503.7K | $595K | +18.1% |
Edgewood | $428K | $500K | +16.8% |
Orlando | $370K | $385.5K | +4.2% |
Housing Supply in Belle Isle, FL
How many homes are available in Belle Isle, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
33 | 38 | +15.2% |
Summary: The Belle Isle real estate market had 38 homes for sale in June 2024, a 15.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Belle Isle housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Belle Isle in June 2024, up by 120.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% were sold over asking.
Days on Market for Belle Isle, FL
How long does it take to sell a home in Belle Isle, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 22 Days | +19.6% |
Summary: Homes in Belle Isle had an average of 22 days on market in Jun 2024, up by 19.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 11 homes were sold in Belle Isle; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.