Is Morningside / Bay Shore, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Morningside / Bay Shore has remained a Buyer's Market.
Housing Prices in Morningside / Bay Shore, FL
How much do homes in Morningside / Bay Shore, FL cost?
Median Sold Price
$1,575,000
$851/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Morningside / Bay Shore was $1,575,000 in April 2024, down 10.1% from last year, and the median price per square foot was $851.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $353K | - | N/A |
2 Bedrooms | $485K | $525K | +8.2% |
3 Bedrooms | $1.6M | $1.3M | -20.4% |
4 Bedrooms | $2.2M | $2.5M | +9.9% |
5+ Bedrooms | - | $4.1M | N/A |
Summary: Morningside / Bay Shore housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes decreased by 20.4%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Upper East Side | $750K | $785K | +4.7% |
Morningside / Bay Shore | $1.7M | $1.5M | -10.1% |
Housing Supply in Morningside / Bay Shore, FL
How many homes are available in Morningside / Bay Shore, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The Morningside / Bay Shore real estate market had 21 homes for sale in April 2024, a 5.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Morningside / Bay Shore housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Morningside / Bay Shore in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Morningside / Bay Shore, FL
How long does it take to sell a home in Morningside / Bay Shore, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 19 Days | -38.7% |
Summary: Homes in Morningside / Bay Shore had an average of 19 days on market in Apr 2024, down by 38.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Morningside / Bay Shore; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.