Is Bird Drive Basin, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bird Drive Basin is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Bird Drive Basin has remained a Seller's Market.

Key Takeaway

Bird Drive Basin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bird Drive Basin, FL

How much do homes in Bird Drive Basin, FL cost?

Median Sold Price

$610,416

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$73,291(+13.6%)

Key Takeaway

Homes in Bird Drive Basin have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Bird Drive Basin was $610,416 in April 2024, up 13.6% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $195K$228K
+16.9%
2 $252.5K$296K
+17.2%
3 $490K$558.5K
+14.0%
4 $655K$713.7K
+9.0%
5+ $800K$892.5K
+11.6%

Summary: Bird Drive Basin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes increased by 17.2%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 11.6%.

Housing Supply in Bird Drive Basin, FL

How many homes are available in Bird Drive Basin, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
241232-3.7%

Summary: The Bird Drive Basin real estate market had 232 homes for sale in April 2024, a 3.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 67
+16.7%
2 3540
+14.3%
3 8074
-7.5%
4 8578
-8.2%
5+ 3533
-5.7%

Summary: The Bird Drive Basin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes decreased by 5.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6046-23.3%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bird Drive Basin, you may be able to get a good deal. 58.7% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in Bird Drive Basin in April 2024, down by 23.3% month-over-month. Of the 46 sold homes, 59% were sold under asking, 28% were sold at asking, and 13% were sold over asking.

Days on Market for Bird Drive Basin, FL

How long does it take to sell a home in Bird Drive Basin, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
42 Days41 Days-2.6%

Summary: Homes in Bird Drive Basin had an average of 41 days on market in Apr 2024, down by 2.6% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 46 homes were sold in Bird Drive Basin; 57% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 15% 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 2 Days Ago

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