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 February 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

$875,000

$592/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$3,000(+0.3%)

Key Takeaway

The sold price of homes in Belleair Beach has remained the same since last year.

Summary: The median home sold price in Belleair Beach was $875,000 in February 2024, up 0.3% from last year, and the median price per square foot was $592.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $445K-
N/A
2 $815K$760.9K
-6.6%
3 $921K$900K
-2.3%
4 $1.9M$1.5M
-20.5%
5+ $4.0M$2.6M
-34.0%

Summary: Belleair Beach housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes decreased by 34%.

Median Sold Price Compared To Nearby Cities

Clearwater Beach
+11.0%
Belleair
+2.6%
Belleair Beach
0.3%
Belleair Bluffs
-10.6%

Housing Supply in Belleair Beach, FL

How many homes are available in Belleair Beach, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3744+18.9%

Summary: The Belleair Beach real estate market had 44 homes for sale in February 2024, a 18.9% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 1113
+18.2%
3 1719
+11.8%
4 78
+14.3%
5+ 13
+200.0%

Summary: The Belleair Beach housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 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 Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Belleair Beach in February 2024, up by 400.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% 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

Feb 2023Feb 2024CHANGE
39 Days81 Days+107.1%

Summary: Homes in Belleair Beach had an average of 81 days on market in Feb 2024, up by 107.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 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 February 2024, 5 homes were sold in Belleair Beach; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 28 Days Ago

Newest Listings in Belleair Beach, FL

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