Is North Shore, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North Shore was a Neutral Market.
Key Takeaway
North Shore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Shore, FL
How much do homes in North Shore, FL cost?
Median Sold Price
$520,000
$505/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Shore have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in North Shore was $520,000 in April 2024, up 4.1% from last year, and the median price per square foot was $505.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $298K | $342K | +14.8% |
| 2 Bedrooms | $735K | $717.5K | -2.4% |
| 3 Bedrooms | $1.4M | $1.3M | -3.6% |
| 4 Bedrooms | $9.8M | $4.0M | -58.7% |
| 5+ Bedrooms | $20.5M | $6.9M | -66.3% |
Summary: North Shore housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.8%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 58.7%, and 5+ bedroom homes decreased by 66.3%.
Median Sold Price Compared To Nearby Neighborhoods
| North Shore | $499.6K | $520K | +4.1% |
| Normandy Beach | $1.4M | $1.2M | -14.3% |
Housing Supply in North Shore, FL
How many homes are available in North Shore, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 254 | 266 | +4.7% |
Summary: The North Shore real estate market had 266 homes for sale in April 2024, a 4.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 118 | 123 | +4.2% |
| 2 Bedrooms | 110 | 118 | +7.3% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The North Shore housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 25 | +47.1% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Shore, you may be able to get a good deal. 76% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in North Shore in April 2024, up by 47.1% month-over-month. Of the 25 sold homes, 76% were sold under asking, 16% were sold at asking, and 8% were sold over asking.
Days on Market for North Shore, FL
How long does it take to sell a home in North Shore, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 51 Days | 66 Days | +28.6% |
Summary: Homes in North Shore had an average of 66 days on market in Apr 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Shore are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 25 homes were sold in North Shore; 40% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
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