$4,749 Closing Credit*
$399,900
1,530 SqFt
4 Beds
•2 Full Baths
ALAN LEVINSON, Listing Office: ROUND TABLE REALTY
Is Bellair-Meadowbrook Terrace, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bellair-Meadowbrook Terrace has remained a Seller's Market.
Key Takeaway
Bellair-Meadowbrook Terrace is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bellair-Meadowbrook Terrace, FL
How much do homes in Bellair-Meadowbrook Terrace, FL cost?
Median Sold Price
$265,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-1.9%)
Key Takeaway
Homes in Bellair-Meadowbrook Terrace have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Bellair-Meadowbrook Terrace was $265,000 in November 2024, down 1.9% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $171K | +0.6% |
| 3 Bedrooms | $264K | $257K | -2.6% |
| 4 Bedrooms | $342.5K | $340.7K | -0.5% |
| 5+ Bedrooms | $480K | $485K | +1.0% |
Summary: Bellair-Meadowbrook Terrace housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 1%.
Median Sold Price Compared To Nearby Neighborhoods
| Meadowbrook | $220K | $230K | +4.5% |
| Bellair-Meadowbrook Terrace | $270K | $265K | -1.9% |
Housing Supply in Bellair-Meadowbrook Terrace, FL
How many homes are available in Bellair-Meadowbrook Terrace, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 74 | +2.8% |
Summary: The Bellair-Meadowbrook Terrace real estate market had 74 homes for sale in November 2024, a 2.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 33 | 32 | -3.0% |
| 4 Bedrooms | 24 | 26 | +8.3% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Bellair-Meadowbrook Terrace 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 3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bellair-Meadowbrook Terrace, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Bellair-Meadowbrook Terrace in November 2024, up by 25.0% month-over-month. Of the 15 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Bellair-Meadowbrook Terrace, FL
How long does it take to sell a home in Bellair-Meadowbrook Terrace, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 52 Days | +2.2% |
Summary: Homes in Bellair-Meadowbrook Terrace had an average of 52 days on market in Nov 2024, up by 2.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bellair-Meadowbrook Terrace are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in Bellair-Meadowbrook Terrace; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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