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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleair Beach is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Belleair Beach, FL

How much do homes in Belleair Beach, FL cost?

Median Sold Price

$980,000

$608/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$175,000(+21.7%)

Key Takeaway

Homes in Belleair Beach have sold for 21.7% more than they did a year ago.

Summary: The median home sold price in Belleair Beach was $980,000 in June 2024, up 21.7% from last year, and the median price per square foot was $608.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $462.5K$459K
-0.8%
2 $746K$795K
+6.6%
3 $912.5K$939K
+2.9%
4 $1.7M$3.0M
+72.9%
5+ $4.0M$3.5M
-10.5%

Summary: Belleair Beach housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 72.9%, and 5+ bedroom homes decreased by 10.5%.

Median Sold Price Compared To Nearby Cities

Belleair Bluffs
+25.3%
Belleair Beach
+21.7%
Belleair
+6.7%
Clearwater Beach
+1.8%

Housing Supply in Belleair Beach, FL

How many homes are available in Belleair Beach, FL?

Number of Homes For Sale

May 2024Jun 2024CHANGE
3645+25.0%

Summary: The Belleair Beach real estate market had 45 homes for sale in June 2024, a 25.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 12
+100.0%
2 1112
+9.1%
3 1517
+13.3%
4 59
+80.0%
5+ 45
+25.0%

Summary: The Belleair Beach housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

May 2024Jun 2024CHANGE
210+400.0%

Asking Price vs. Sold Price

9 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 Beach, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Belleair Beach in June 2024, up by 400.0% month-over-month. Of the 10 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.

Days on Market for Belleair Beach, FL

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

Average Sale Time

Jun 2023Jun 2024CHANGE
176 Days104 Days-40.5%

Summary: Homes in Belleair Beach had an average of 104 days on market in Jun 2024, down by 40.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 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 Beach are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 10 homes were sold in Belleair Beach; 50% of homes were sold within 30 days, 30% 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 26 Days Ago

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