Is Bel Air, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bel Air is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Bel Air has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Bel Air, FL

How much do homes in Bel Air, FL cost?

Median Sold Price

$320,000

$328/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$465,000(-59.2%)

Key Takeaway

Homes in Bel Air have sold for 59.2% less than they did a month ago.

Summary: The median home sold price in Bel Air was $320,000 in September 2024, down 59.2% from last month, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 -$320K
N/A
3 $785K-
N/A
4 --
N/A
5+ --
N/A

Summary: Bel Air housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bel Air, FL

How many homes are available in Bel Air, FL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2223+4.5%

Summary: The Bel Air real estate market had 23 homes for sale in September 2024, a 4.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 77
0.0%
4 33
0.0%
5+ 44
0.0%

Summary: The Bel Air housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Bel Air, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Bel Air in September 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bel Air, FL

How long does it take to sell a home in Bel Air, FL?

Average Sale Time

Aug 2024Sep 2024CHANGE
121 Days35 Days-71.1%

Summary: Homes in Bel Air had an average of 35 days on market in Sep 2024, down by 71.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bel Air has remained consistent over time.

Summary: During September 2024, 1 homes were sold in Bel Air; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 Sep 1, 2024

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