Is Central Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Central Beach was a Seller's Market.
Key Takeaway
Central Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Beach, FL
How much do homes in Central Beach, FL cost?
Median Sold Price
$580,000
$518/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Central Beach have sold for 10.8% less than they did a year ago.
Summary: The median home sold price in Central Beach was $580,000 in April 2024, down 10.8% from last year, and the median price per square foot was $518.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $440K | $400K | -9.1% |
| 2 Bedrooms | $675K | $633.2K | -6.2% |
| 3 Bedrooms | $1.5M | $2.4M | +55.5% |
| 4 Bedrooms | $5.1M | - | N/A |
| 5+ Bedrooms | - | $10.1M | N/A |
Summary: Central Beach housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 55.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Central Beach, FL
How many homes are available in Central Beach, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 120 | 133 | +10.8% |
Summary: The Central Beach real estate market had 133 homes for sale in April 2024, a 10.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 44 | +12.8% |
| 2 Bedrooms | 63 | 68 | +7.9% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Central Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Beach, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Central Beach in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.
Days on Market for Central Beach, FL
How long does it take to sell a home in Central Beach, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 55 Days | 133 Days | +140.5% |
Summary: Homes in Central Beach had an average of 133 days on market in Apr 2024, up by 140.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Beach are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Central Beach; 44% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
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