Is Bay Point, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bay Point is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Bay Point was a Seller's Market.

Key Takeaway

Bay Point 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 Bay Point, FL

How much do homes in Bay Point, FL cost?

Median Sold Price

$690,000

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$72,500(+11.7%)

Key Takeaway

Homes in Bay Point have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Bay Point was $690,000 in October 2024, up 11.7% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$435K
N/A
3 $495K$650K
+31.3%
4 $847.5K$795K
-6.2%
5+ $2.3M$850K
-63.0%

Summary: Bay Point housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 31.3%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 63%.

Housing Supply in Bay Point, FL

How many homes are available in Bay Point, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2325+8.7%

Summary: The Bay Point real estate market had 25 homes for sale in October 2024, a 8.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1719
+11.8%
4 66
0.0%
5+ 00
0.0%

Summary: The Bay Point housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

4 Homes Were 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 Bay Point, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bay Point in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bay Point, FL

How long does it take to sell a home in Bay Point, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
65 Days66 Days+0.7%

Summary: Homes in Bay Point had an average of 66 days on market in Oct 2024, up by 0.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bay Point has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Bay Point; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 24 Days Ago

Newest Listings in Bay Point, FL

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