Is Bellevue Terrace, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellevue Terrace is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Bellevue Terrace was a Neutral Market.

Key Takeaway

Bellevue Terrace is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bellevue Terrace, FL

How much do homes in Bellevue Terrace, FL cost?

Median Sold Price

$370,000

$285/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$55,000(-12.9%)

Key Takeaway

Homes in Bellevue Terrace have sold for 12.9% less than they did a month ago.

Summary: The median home sold price in Bellevue Terrace was $370,000 in April 2024, down 12.9% from last month, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $425K$367.5K
-13.5%
4 -$530K
N/A
5+ --
N/A

Summary: Bellevue Terrace housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 13.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Bellevue Terrace
-12.9%
Oakwood Manor
-49.1%

Housing Supply in Bellevue Terrace, FL

How many homes are available in Bellevue Terrace, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
12120.0%

Summary: The Bellevue Terrace real estate market had 12 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 109
-10.0%
4 11
0.0%
5+ 12
+100.0%

Summary: The Bellevue Terrace housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were 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 Bellevue Terrace, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bellevue Terrace in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Bellevue Terrace, FL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
70 Days40 Days-42.9%

Summary: Homes in Bellevue Terrace had an average of 40 days on market in Apr 2024, down by 42.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Bellevue Terrace; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in Bellevue Terrace, FL

Nearby Markets to Bellevue Terrace, FL