$3,503 Closing Credit*
$295,000
3,376 SqFt
4 Beds
•2 Full Baths, 1 Partial
ASHLEY MARIE DEGIDIO, Listing Office: HOMEPRO REALTY JACKSONVILLE LLC
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 October 2023
At the same time last year, Bellair-Meadowbrook Terrace was a Seller's Market.
Key Takeaway
Bellair-Meadowbrook Terrace is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bellair-Meadowbrook Terrace, FL
How much do homes in Bellair-Meadowbrook Terrace, FL cost?
Median Sold Price
$264,950
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,050(-0.8%)
Key Takeaway
Homes in Bellair-Meadowbrook Terrace have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Bellair-Meadowbrook Terrace was $264,950 in October 2024, down 0.8% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $170K | $172.5K | +1.5% |
| 3 Bedrooms | $261.8K | $257.5K | -1.6% |
| 4 Bedrooms | $345K | $320K | -7.2% |
| 5+ Bedrooms | $465K | $530K | +14.0% |
Summary: Bellair-Meadowbrook Terrace housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 7.2%, and 5+ bedroom homes increased by 14%.
Median Sold Price Compared To Nearby Neighborhoods
| Meadowbrook | $215K | $230K | +7.0% |
| Bellair-Meadowbrook Terrace | $267K | $264.9K | -0.8% |
Housing Supply in Bellair-Meadowbrook Terrace, FL
How many homes are available in Bellair-Meadowbrook Terrace, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 74 | -2.6% |
Summary: The Bellair-Meadowbrook Terrace real estate market had 74 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 36 | 34 | -5.6% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Bellair-Meadowbrook Terrace housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bellair-Meadowbrook Terrace, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Bellair-Meadowbrook Terrace in October 2024, down by 37.5% month-over-month. Of the 10 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 47 Days | -10.1% |
Summary: Homes in Bellair-Meadowbrook Terrace had an average of 47 days on market in Oct 2024, down by 10.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 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 October 2024, 10 homes were sold in Bellair-Meadowbrook Terrace; 40% of homes were sold within 30 days, 40% 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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