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 buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bayshore Beautiful was a Seller's Market.

Key Takeaway

Bayshore Beautiful is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bayshore Beautiful, FL

How much do homes in Bayshore Beautiful, FL cost?

Median Sold Price

$1,375,000

$463/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$150,000(+12.2%)

Key Takeaway

Homes in Bayshore Beautiful have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Bayshore Beautiful was $1,375,000 in November 2024, up 12.2% from last year, and the median price per square foot was $463.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$260K
N/A
2 $507.5K$571.9K
+12.7%
3 $755.5K$899K
+19.0%
4 $1.3M$1.6M
+23.1%
5+ $2.2M$1.7M
-24.4%

Summary: Bayshore Beautiful housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 24.4%.

Median Sold Price Compared To Nearby Neighborhoods

Bayshore Gardens
+182.8%
Palma Ceia
+45.0%
South Tampa
+14.7%
Bayshore Beautiful
+12.2%
Ballast Point
+10.4%

Housing Supply in Bayshore Beautiful, FL

How many homes are available in Bayshore Beautiful, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3842+10.5%

Summary: The Bayshore Beautiful real estate market had 42 homes for sale in November 2024, a 10.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 86
-25.0%
3 811
+37.5%
4 610
+66.7%
5+ 1413
-7.1%

Summary: The Bayshore Beautiful housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 7.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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 4 homes were sold or pending in Bayshore Beautiful in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
39 Days118 Days+197.7%

Summary: Homes in Bayshore Beautiful had an average of 118 days on market in Nov 2024, up by 197.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Bayshore Beautiful are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Bayshore Beautiful; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 17 Days Ago

Newest Listings in Bayshore Beautiful, FL

Nearby Markets to Bayshore Beautiful, FL