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

$263,000

$407/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$422,000(-61.6%)

Key Takeaway

Homes in Bel Air have sold for 61.6% less than they did a month ago.

Summary: The median home sold price in Bel Air was $263,000 in November 2024, down 61.6% from last month, and the median price per square foot was $407.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$263K
N/A
2 --
N/A
3 $879.5K-
N/A
4 $685K-
N/A
5+ --
N/A

Summary: Bel Air housing prices by bedroom type for November 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

Oct 2024Nov 2024CHANGE
2422-8.3%

Summary: The Bel Air real estate market had 22 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 77
0.0%
3 76
-14.3%
4 32
-33.3%
5+ 44
0.0%

Summary: The Bel Air 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were 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 2 homes were sold or pending in Bel Air in November 2024, down by 33.3% month-over-month. Of the 2 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

Oct 2024Nov 2024CHANGE
24 Days27 Days+12.5%

Summary: Homes in Bel Air had an average of 27 days on market in Nov 2024, up by 12.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Bel Air; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

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