$6,828 Closing Credit*
$575,000
1,078 SqFt
3 Beds
•1 Full Bath
Maggie Salas, Listing Office: Bestway Realty Sales, LLC
Is Bel-Aire, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Bel-Aire was a Seller's Market.
Key Takeaway
Bel-Aire is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bel-Aire, FL
How much do homes in Bel-Aire, FL cost?
Median Sold Price
$675,000
$372/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$75,000(+12.5%)
Key Takeaway
Homes in Bel-Aire have sold for 12.5% more than they did a year ago.
Summary: The median home sold price in Bel-Aire was $675,000 in December 2024, up 12.5% from last year, and the median price per square foot was $372.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $497.5K | $590K | +18.6% |
| 3 Bedrooms | $600K | $657.4K | +9.6% |
| 4 Bedrooms | $600K | $675K | +12.5% |
| 5+ Bedrooms | $737.5K | $695K | -5.8% |
Summary: Bel-Aire housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Bel-Aire | $600K | $675K | +12.5% |
| Cutler Ridge | $555K | $602.7K | +8.6% |
Housing Supply in Bel-Aire, FL
How many homes are available in Bel-Aire, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The Bel-Aire real estate market had 25 homes for sale in December 2024, a 8.7% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Bel-Aire housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bel-Aire, 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 Bel-Aire in December 2024, down by 20.0% 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 Bel-Aire, FL
How long does it take to sell a home in Bel-Aire, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 123 Days | 73 Days | -40.3% |
Summary: Homes in Bel-Aire had an average of 73 days on market in Dec 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bel-Aire are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 4 homes were sold in Bel-Aire; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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