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 2020

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

$449,500

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$70,000(+18.4%)

Key Takeaway

Homes in Belle Isle have sold for 18.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $266.5K$689K
+158.5%
3 $316.7K$392.5K
+23.9%
4 $421K$475K
+12.8%
5+ $850K$945K
+11.2%

Median Sold Price Compared To Nearby Cities

Edgewood
+38.7%
Belle Isle
+18.4%
Orlando
+12.4%

How many homes are available in Belle Isle, FL?

Number of Homes For Sale

Nov 2021Dec 2021%
2629+11.5%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 00
0.0%
3 1414
0.0%
4 1011
+10.0%
5+ 24
+100.0%

Number of Homes Sold

Nov 2021Dec 2021%
510+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 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. 40% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
55 Days31 Days-43.9%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

About Belle Isle, FL

Belle Isle, FL has 29 homes for sale to choose from. The number of listings in Belle Isle, FL increased by 11.5% between November 2021 and December 2021. The median list price of listings available in December 2021 was $449,500, while the average time on the real estate market was 31 days. Real estate listing prices changed between November 2021 and December 2021: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 158.5% more expensive, the cost of 3 bedrooms properties went up by 23.9%, 4 bedrooms properties became 12.8% more expensive, prices of 5 bedrooms properties went up by 11.2%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, 3 bedrooms homes inventory did not change, 4 bedrooms homes inventory increased by 10%, the quantity of 5 bedrooms homes went up by 100%. Over 3 listings were sold over their listed price in December 2021 in Belle Isle, FL. In the same period over 4 listings were sold below the listed price and 3 listings were sold for the listed price.

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