Is Beacon Square, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beacon Square is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Beacon Square was a Seller's Market.

Key Takeaway

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

Housing Prices in Beacon Square, FL

How much do homes in Beacon Square, FL cost?

Median Sold Price

$235,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+2.2%)

Key Takeaway

Homes in Beacon Square have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Beacon Square was $235,000 in October 2024, up 2.2% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $102.5K$95K
-7.3%
2 $210K$215K
+2.4%
3 $272.9K$276.4K
+1.3%
4 $462.5K$397.5K
-14.1%
5+ $640K-
N/A

Summary: Beacon Square housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.3%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Beacon Square
+2.2%
Elfers
-2.0%
Gulf Harbors
-7.8%

Housing Supply in Beacon Square, FL

How many homes are available in Beacon Square, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
122113-7.4%

Summary: The Beacon Square real estate market had 113 homes for sale in October 2024, a 7.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 45
+25.0%
2 7165
-8.5%
3 3835
-7.9%
4 87
-12.5%
5+ 11
0.0%

Summary: The Beacon Square housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2112-42.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 12 homes were sold or pending in Beacon Square in October 2024, down by 42.9% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Beacon Square, FL

How long does it take to sell a home in Beacon Square, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
52 Days63 Days+22.1%

Summary: Homes in Beacon Square had an average of 63 days on market in Oct 2024, up by 22.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Beacon Square has remained consistent over time.

Summary: During October 2024, 12 homes were sold in Beacon Square; 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 14 Days Ago

Newest Listings in Beacon Square, FL

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