Is Bayshore Beautiful, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bayshore Beautiful is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Bayshore Beautiful has remained a Seller's Market.

Key Takeaway

Bayshore Beautiful is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bayshore Beautiful, FL

How much do homes in Bayshore Beautiful, FL cost?

Median Sold Price

$1,352,500

$463/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$142,500(+11.8%)

Key Takeaway

Homes in Bayshore Beautiful have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Bayshore Beautiful was $1,352,500 in October 2024, up 11.8% from last year, and the median price per square foot was $463.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$260K
N/A
2 $500K$571.9K
+14.4%
3 $725K$891.1K
+22.9%
4 $1.2M$1.6M
+23.1%
5+ $1.8M$1.7M
-7.1%

Summary: Bayshore Beautiful 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 increased by 14.4%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 7.1%.

Median Sold Price Compared To Nearby Neighborhoods

Bayshore Gardens
+182.0%
Palma Ceia
+42.5%
South Tampa
+13.3%
Bayshore Beautiful
+11.8%
Ballast Point
+5.0%

Housing Supply in Bayshore Beautiful, FL

How many homes are available in Bayshore Beautiful, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4839-18.8%

Summary: The Bayshore Beautiful real estate market had 39 homes for sale in October 2024, a 18.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 118
-27.3%
3 86
-25.0%
4 98
-11.1%
5+ 1815
-16.7%

Summary: The Bayshore Beautiful 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 decreased by 27.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bayshore Beautiful, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Bayshore Beautiful in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for Bayshore Beautiful, FL

How long does it take to sell a home in Bayshore Beautiful, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days53 Days+167.8%

Summary: Homes in Bayshore Beautiful had an average of 53 days on market in Oct 2024, up by 167.8% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Bayshore Beautiful; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 16 Days Ago

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