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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bayshore Gardens is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bayshore Gardens, FL

How much do homes in Bayshore Gardens, FL cost?

Median Sold Price

$209,500

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+23.6%)

Key Takeaway

Homes in Bayshore Gardens have sold for 23.6% more than they did a year ago.

Summary: The median home sold price in Bayshore Gardens was $209,500 in October 2024, up 23.6% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K$97.4K
-15.2%
2 $165K$175K
+6.1%
3 $347K$332.5K
-4.2%
4 $387.5K$382.4K
-1.3%
5+ $452.4K$985K
+117.7%

Summary: Bayshore Gardens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.2%, 2 bedroom homes increased by 6.1%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 117.7%.

Housing Supply in Bayshore Gardens, FL

How many homes are available in Bayshore Gardens, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6765-3.0%

Summary: The Bayshore Gardens real estate market had 65 homes for sale in October 2024, a 3.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1819
+5.6%
2 3837
-2.6%
3 86
-25.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Bayshore Gardens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.6%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bayshore Gardens, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bayshore Gardens in October 2024, down by 66.7% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Bayshore Gardens, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days55 Days+27.1%

Summary: Homes in Bayshore Gardens had an average of 55 days on market in Oct 2024, up by 27.1% 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 Bayshore Gardens has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Bayshore Gardens; 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 21 Days Ago

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