Is Holmes Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Holmes Beach was a Seller's Market.
Key Takeaway
Holmes Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Holmes Beach, FL
How much do homes in Holmes Beach, FL cost?
Median Sold Price
$975,000
$711/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Holmes Beach have sold for 8% less than they did a year ago.
Summary: The median home sold price in Holmes Beach was $975,000 in June 2024, down 8% from last year, and the median price per square foot was $711.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $510K | N/A |
| 2 Bedrooms | $799K | $850K | +6.4% |
| 3 Bedrooms | $1.4M | $1.3M | -4.9% |
| 4 Bedrooms | $1.9M | $648.9K | -67.1% |
| 5+ Bedrooms | $2.6M | $2.3M | -10.6% |
Summary: Holmes Beach housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.4%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 67.1%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Cities
| Anna Maria | $2.2M | $2.7M | +18.8% |
| Bradenton Beach | $652.5K | $759K | +16.3% |
| Holmes Beach | $1.0M | $975K | -8.0% |
Housing Supply in Holmes Beach, FL
How many homes are available in Holmes Beach, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 165 | 175 | +6.1% |
Summary: The Holmes Beach real estate market had 175 homes for sale in June 2024, a 6.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 47 | 52 | +10.6% |
| 3 Bedrooms | 57 | 63 | +10.5% |
| 4 Bedrooms | 36 | 37 | +2.8% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Holmes Beach housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 17 | 22 | +29.4% |
Asking Price vs. Sold Price
21 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 Holmes Beach, you may be able to get a good deal. 95.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Holmes Beach in June 2024, up by 29.4% month-over-month. Of the 22 sold homes, 95% were sold under asking, 5% were sold at asking, and 0% were sold over asking.
Days on Market for Holmes Beach, FL
How long does it take to sell a home in Holmes Beach, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 106 Days | 112 Days | +5.3% |
Summary: Homes in Holmes Beach had an average of 112 days on market in Jun 2024, up by 5.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Holmes Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During June 2024, 22 homes were sold in Holmes Beach; 14% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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