Is Ocean Breeze, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ocean Breeze is a neutral's market

Buyer's
Market

Difference Since April 2023

Since last year, Ocean Breeze has remained a Neutral Market.

Key Takeaway

Ocean Breeze is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Ocean Breeze, FL

How much do homes in Ocean Breeze, FL cost?

Median Sold Price

$395,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,000(+3.9%)

Key Takeaway

Homes in Ocean Breeze have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Ocean Breeze was $395,000 in April 2024, up 3.9% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $285K$315K
+10.5%
3 $364.6K$402.5K
+10.4%
4 $422.5K$425K
+0.6%
5+ --
N/A

Summary: Ocean Breeze 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 10.5%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Ocean Breeze
+3.9%
Ocean Heights
-9.5%

Housing Supply in Ocean Breeze, FL

How many homes are available in Ocean Breeze, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
47+75.0%

Summary: The Ocean Breeze real estate market had 7 homes for sale in April 2024, a 75.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 45
+25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Ocean Breeze 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 increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ocean Breeze, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Ocean Breeze in April 2024, the same as the previous 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 Ocean Breeze, FL

How long does it take to sell a home in Ocean Breeze, FL?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days4 Days-80.0%

Summary: Homes in Ocean Breeze had an average of 4 days on market in Apr 2024, down by 80% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Ocean Breeze; 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.

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

Report Updated 4 Days Ago

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