Is Belleair, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleair is a neutral's market

Buyer's
Market

Difference Since November 2022

At the same time last year, Belleair was a Buyer's Market.

Key Takeaway

Belleair 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 Belleair, FL

How much do homes in Belleair, FL cost?

Median Sold Price

$571,500

$334/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2022

-$28,500(-4.8%)

Key Takeaway

Homes in Belleair have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in Belleair was $571,500 in November 2023, down 4.8% from last year, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $380K$259K
-31.8%
2 $447.5K$413.5K
-7.6%
3 $764K$670K
-12.3%
4 $1.4M$1.0M
-29.2%
5+ $2.3M$2.5M
+7.3%

Summary: Belleair housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes decreased by 7.6%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Cities

Clearwater Beach
+16.1%
Largo
-0.7%
Belleair
-4.8%
Clearwater
-6.3%
Belleair Bluffs
-10.4%

Housing Supply in Belleair, FL

How many homes are available in Belleair, FL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE
5258+11.5%

Summary: The Belleair real estate market had 58 homes for sale in November 2023, a 11.5% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
0.0%
2 2929
0.0%
3 1620
+25.0%
4 68
+33.3%
5+ 11
0.0%

Summary: The Belleair housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2023Nov 2023CHANGE
89+12.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belleair, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Belleair in November 2023, up by 12.5% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Belleair, FL

How long does it take to sell a home in Belleair, FL?

Average Sale Time

Nov 2022Nov 2023CHANGE
44 Days45 Days+1.1%

Summary: Homes in Belleair had an average of 45 days on market in Nov 2023, up by 1.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2023, 9 homes were sold in Belleair; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

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

Report Updated 8 Days Ago

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