Is Belleview, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleview is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Belleview, FL

How much do homes in Belleview, FL cost?

Median Sold Price

$255,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,000(+8.5%)

Key Takeaway

Homes in Belleview have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Belleview was $255,000 in March 2024, up 8.5% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $270K-
N/A
2 $165K$165K
0.0%
3 $229.9K$250K
+8.7%
4 $307.4K$295.9K
-3.7%
5+ $355.9K$339.9K
-4.5%

Summary: Belleview housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 4.5%.

Housing Supply in Belleview, FL

How many homes are available in Belleview, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
187189+1.1%

Summary: The Belleview real estate market had 189 homes for sale in March 2024, a 1.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 2432
+33.3%
3 10397
-5.8%
4 5151
0.0%
5+ 88
0.0%

Summary: The Belleview housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3222-31.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belleview, expect to pay close to the asking price. 59.1% of homes here sold near the asking price last month.

Summary: A total of 22 homes were sold or pending in Belleview in March 2024, down by 31.3% month-over-month. Of the 22 sold homes, 36% were sold under asking, 59% were sold at asking, and 5% were sold over asking.

Days on Market for Belleview, FL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
79 Days75 Days-4.9%

Summary: Homes in Belleview had an average of 75 days on market in Mar 2024, down by 4.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 22 homes were sold in Belleview; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% 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 20 Days Ago

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