Is North Beach, 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 Beach has remained a Seller's Market.
Key Takeaway
North Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Beach, FL
How much do homes in North Beach, FL cost?
Median Sold Price
$375,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Beach have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in North Beach was $375,000 in April 2024, up 9.6% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $211.5K | $226.2K | +7.0% |
| 3 Bedrooms | $343.6K | $365K | +6.2% |
| 4 Bedrooms | $415K | $507.4K | +22.3% |
| 5+ Bedrooms | $357K | $2.4M | +575.8% |
Summary: North Beach 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 7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes increased by 575.8%.
Housing Supply in North Beach, FL
How many homes are available in North Beach, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 37 | -9.8% |
Summary: The North Beach real estate market had 37 homes for sale in April 2024, a 9.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 22 | 17 | -22.7% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The North Beach housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 18 | +50.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Beach, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in North Beach in April 2024, up by 50.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% were sold over asking.
Days on Market for North Beach, FL
How long does it take to sell a home in North Beach, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 58 Days | +143.1% |
Summary: Homes in North Beach had an average of 58 days on market in Apr 2024, up by 143.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Beach are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in North Beach; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
