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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleair is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Belleair, FL

How much do homes in Belleair, FL cost?

Median Sold Price

$609,000

$356/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$16,000(-2.6%)

Key Takeaway

Homes in Belleair have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Belleair was $609,000 in March 2024, down 2.6% from last year, and the median price per square foot was $356.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$259K
N/A
2 $468.2K$430K
-8.2%
3 $737K$761K
+3.3%
4 $1.0M$1.4M
+34.4%
5+ $3.7M$2.7M
-26.9%

Summary: Belleair housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 34.4%, and 5+ bedroom homes decreased by 26.9%.

Median Sold Price Compared To Nearby Cities

Clearwater Beach
+8.7%
Belleair
-2.6%
Clearwater
-3.4%
Largo
-4.1%
Belleair Bluffs
-5.8%

Housing Supply in Belleair, FL

How many homes are available in Belleair, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
66660.0%

Summary: The Belleair real estate market had 66 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 02
+100.0%
2 3737
0.0%
3 2423
-4.2%
4 44
0.0%
5+ 10
-100.0%

Summary: The Belleair housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 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. 83.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Belleair in March 2024, up by 50.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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

Mar 2023Mar 2024CHANGE
44 Days52 Days+18.5%

Summary: Homes in Belleair had an average of 52 days on market in Mar 2024, up by 18.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 March 2024, 12 homes were sold in Belleair; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 25 Days Ago

Newest Listings in Belleair, FL

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