Is Belleair Bluffs, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
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
How much do homes in Belleair Bluffs, FL cost?
Median Sold Price
$360,000
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Belleair Bluffs have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in Belleair Bluffs was $360,000 in August 2023, down 7.9% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $259.9K | $199.9K | -23.1% |
| 2 Bedrooms | $350K | $331.2K | -5.4% |
| 3 Bedrooms | $484.4K | $497.5K | +2.7% |
| 4 Bedrooms | $735.4K | $610K | -17.1% |
| 5+ Bedrooms | $621.2K | $1.4M | +136.4% |
Summary: Belleair Bluffs housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes increased by 136.4%.
Housing Supply
How many homes are available in Belleair Bluffs, FL?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The Belleair Bluffs real estate market had 34 homes for sale in August 2023, a 13.3% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 13 | +8.3% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Belleair Bluffs housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 42.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belleair Bluffs, you could pay more than the asking price. 80% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Belleair Bluffs in August 2023, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market
How long does it take to sell a home in Belleair Bluffs, FL?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 29 Days | 3 Days | -88.3% |
Summary: Homes in Belleair Bluffs had an average of 3 days on market in Aug 2023, down by 88.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belleair Bluffs are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 5 homes were sold in Belleair Bluffs; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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