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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleair is a buyer's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

Belleair is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Belleair, FL

How much do homes in Belleair, FL cost?

Median Sold Price

$675,000

$398/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$80,500(+13.5%)

Key Takeaway

Homes in Belleair have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in Belleair was $675,000 in August 2024, up 13.5% from last year, and the median price per square foot was $398.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $174K$344K
+97.7%
2 $431K$525K
+21.8%
3 $682.5K$917.5K
+34.4%
4 $999.5K$1.7M
+77.6%
5+ $2.8M$2.2M
-18.8%

Summary: Belleair housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 97.7%, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 34.4%, 4 bedroom homes increased by 77.6%, and 5+ bedroom homes decreased by 18.8%.

Median Sold Price Compared To Nearby Cities

Belleair Bluffs
+13.9%
Belleair
+13.5%
Clearwater Beach
+5.4%
Largo
+3.5%
Clearwater
+1.6%

Housing Supply in Belleair, FL

How many homes are available in Belleair, FL?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
6567+3.1%

Summary: The Belleair real estate market had 67 homes for sale in August 2024, a 3.1% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 3035
+16.7%
3 2219
-13.6%
4 108
-20.0%
5+ 24
+100.0%

Summary: The Belleair housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
125-58.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Belleair in August 2024, down by 58.3% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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

Aug 2023Aug 2024CHANGE
72 Days52 Days-28.3%

Summary: Homes in Belleair had an average of 52 days on market in Aug 2024, down by 28.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 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 August 2024, 5 homes were sold in Belleair; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 14 Days Ago

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