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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleair Bluffs is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Belleair Bluffs is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Belleair Bluffs, FL

How much do homes in Belleair Bluffs, FL cost?

Median Sold Price

$360,000

$282/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$22,000(-5.8%)

Key Takeaway

Homes in Belleair Bluffs have sold for 5.8% less than they did a year ago.

Summary: The median home sold price in Belleair Bluffs was $360,000 in March 2024, down 5.8% from last year, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $269.9K$199.9K
-25.9%
2 $315K$345K
+9.5%
3 $479K$575K
+20.0%
4 $625K$610K
-2.4%
5+ $1.9M$1.2M
-38.3%

Summary: Belleair Bluffs housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.9%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 38.3%.

Median Sold Price Compared To Nearby Cities

Belleair
-2.6%
Largo
-4.1%
Belleair Bluffs
-5.8%

Housing Supply in Belleair Bluffs, FL

How many homes are available in Belleair Bluffs, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3141+32.3%

Summary: The Belleair Bluffs real estate market had 41 homes for sale in March 2024, a 32.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 89
+12.5%
2 1624
+50.0%
3 44
0.0%
4 33
0.0%
5+ 01
+100.0%

Summary: The Belleair Bluffs housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

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

Summary: A total of 6 homes were sold or pending in Belleair Bluffs in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Belleair Bluffs, FL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days39 Days-4.5%

Summary: Homes in Belleair Bluffs had an average of 39 days on market in Mar 2024, down by 4.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belleair Bluffs are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Belleair Bluffs; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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

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