Is Belle Isle, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belle Isle is a seller's market

Buyer's
Market

Difference Since December 2021

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

Key Takeaway

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

How much do homes in Belle Isle, FL cost?

Median Sold Price

$494,950

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$45,450(+10.1%)

Key Takeaway

Homes in Belle Isle have sold for 10.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 --
N/A
2 $689K$235K
-65.9%
3 $392.5K$432K
+10.1%
4 $475K$540K
+13.7%
5+ $945K$738.7K
-21.8%

Median Sold Price Compared To Nearby Cities

Belle Isle
+10.1%
Orlando
+8.3%
Edgewood
+1.8%

How many homes are available in Belle Isle, FL?

Number of Homes For Sale

Nov 2022Dec 2022%
2423-4.2%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 10
-100.0%
3 99
0.0%
4 109
-10.0%
5+ 45
+25.0%

Number of Homes Sold

Nov 2022Dec 2022%
64-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belle Isle, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
31 Days37 Days+18.2%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Belle Isle, FL

Belle Isle, FL has 23 homes on the market. Between November 2022 and December 2022, Belle Isle, FL real estate market has seen decrease in the number of listings by 4.2%. While the average time on the market in December 2022 was 37 days, the median list price was $494,950. Listing prices have changed in this real estate market between November 2022 and December 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 65.9%, 3 bedrooms properties prices increased by 10.1%, prices of 4 bedrooms properties increased by 13.7%, 5 bedrooms properties became 21.8% more cheaper. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 100%, 3 bedrooms homes did not move, the quantity of 4 bedrooms homes went down by 10%, 5 bedrooms homes became 25% more available. Belle Isle, FL housing market in December 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 4 sold below.

Related Housing Market Reports