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 buyer's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Belleair Beach, FL

How much do homes in Belleair Beach, FL cost?

Median Sold Price

$959,500

$600/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$149,500(+18.5%)

Key Takeaway

Homes in Belleair Beach have sold for 18.5% more than they did a year ago.

Summary: The median home sold price in Belleair Beach was $959,500 in May 2024, up 18.5% from last year, and the median price per square foot was $600.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $462.5K$459K
-0.8%
2 $747K$795K
+6.4%
3 $950K$919.5K
-3.2%
4 $1.6M$2.5M
+52.2%
5+ $4.0M$3.5M
-11.5%

Summary: Belleair Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 52.2%, and 5+ bedroom homes decreased by 11.5%.

Median Sold Price Compared To Nearby Cities

Belleair Beach
+18.5%
Clearwater Beach
+10.3%
Belleair
-1.7%

Housing Supply in Belleair Beach, FL

How many homes are available in Belleair Beach, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4133-19.5%

Summary: The Belleair Beach real estate market had 33 homes for sale in May 2024, a 19.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 1311
-15.4%
3 1512
-20.0%
4 96
-33.3%
5+ 33
0.0%

Summary: The Belleair Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
132-84.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Belleair Beach in May 2024, down by 84.6% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

May 2023May 2024CHANGE
71 Days131 Days+84.6%

Summary: Homes in Belleair Beach had an average of 131 days on market in May 2024, up by 84.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Belleair Beach has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Belleair Beach; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 23 Days Ago

Newest Listings in Belleair Beach, FL

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