Is Madeira Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Madeira Beach is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Madeira Beach has remained a Seller's Market.

Key Takeaway

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

How much do homes in Madeira Beach, FL cost?

Median Sold Price

$747,250

$650/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$157,250(+26.7%)

Key Takeaway

Homes in Madeira Beach have sold for 26.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $269.5K$403.5K
+49.7%
2 $512.5K$624.4K
+21.8%
3 $744K$972K
+30.6%
4 $1.0M$1.6M
+61.0%
5+ $1.3M$2.2M
+75.0%

Median Sold Price Compared To Nearby Cities

Seminole
+29.8%
Treasure Island
+26.8%
Madeira Beach
+26.7%
Boca Ciega
+26.3%
Redington Beach
+10.9%

How many homes are available in Madeira Beach, FL?

Number of Homes For Sale

Jul 2022Aug 2022%
9187-4.4%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 1011
+10.0%
2 4135
-14.6%
3 3335
+6.1%
4 43
-25.0%
5+ 33
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
1723+35.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Madeira Beach, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
120 Days24 Days-79.9%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Madeira Beach, FL

Madeira Beach, FL has 87 homes for sale to choose from. In August 2022 in Madeira Beach, FL there were 4.4% less homes for sale than in July 2022. In August 2022 median list price was $747,250 and the average listing age was 24 days. From July 2022 through August 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 49.7%, prices of 2 bedrooms properties increased by 21.8%, 3 bedrooms properties became 30.6% more expensive, 4 bedrooms properties prices increased by 61%, 5 bedrooms properties prices increased by 75%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 10%, the quantity of 2 bedrooms homes went down by 14.6%, number of 3 bedrooms homes increased by 6.1%, number of 4 bedrooms homes decreased by 25%, the quantity of 5 bedrooms homes have not changed. Madeira Beach, FL housing market in August 2022 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 16 sold below.

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