Is North Bayfront, 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, North Bayfront has remained a Buyer's Market.
Housing Prices in North Bayfront, FL
How much do homes in North Bayfront, FL cost?
Median Sold Price
$1,135,000
$626/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Bayfront was $1,135,000 in April 2024, down 1.3% from last year, and the median price per square foot was $626.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $213K | +12.1% |
2 Bedrooms | $392.7K | $422.5K | +7.6% |
3 Bedrooms | $1.2M | $1.3M | +10.1% |
4 Bedrooms | $2.3M | $1.9M | -17.1% |
5+ Bedrooms | $3.3M | $1.8M | -43.8% |
Summary: North Bayfront housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 43.8%.
Median Sold Price Compared To Nearby Neighborhoods
Buena Vista | $605K | $650K | +7.4% |
Upper East Side | $750K | $785K | +4.7% |
North Bayfront | $1.1M | $1.1M | -1.3% |
Housing Supply in North Bayfront, FL
How many homes are available in North Bayfront, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 79 | +12.9% |
Summary: The North Bayfront real estate market had 79 homes for sale in April 2024, a 12.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 16 | 21 | +31.3% |
3 Bedrooms | 20 | 22 | +10.0% |
4 Bedrooms | 18 | 18 | 0.0% |
5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The North Bayfront housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 8 | -33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in North Bayfront in April 2024, down by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for North Bayfront, FL
How long does it take to sell a home in North Bayfront, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 121 Days | +461.3% |
Summary: Homes in North Bayfront had an average of 121 days on market in Apr 2024, up by 461.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in North Bayfront; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.