$6,234 Closing Credit*
$525,000
2,280 SqFt
4 Beds
•2 Full Baths
Rhonda Chesmore, Listing Office: KELLY PRICE & COMPANY LLC
Is Belle Isle, 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, Belle Isle was a Seller's Market.
Key Takeaway
Belle Isle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Belle Isle, FL
How much do homes in Belle Isle, FL cost?
Median Sold Price
$620,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+11.7%)
Key Takeaway
Homes in Belle Isle have sold for 11.7% more than they did a year ago.
Summary: The median home sold price in Belle Isle was $620,000 in October 2024, up 11.7% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $302K | $325.5K | +7.8% |
| 3 Bedrooms | $490K | $500K | +2.0% |
| 4 Bedrooms | $601K | $672K | +11.8% |
| 5+ Bedrooms | $780K | $1.2M | +60.3% |
Summary: Belle Isle 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 7.8%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 60.3%.
Median Sold Price Compared To Nearby Cities
| Edgewood | $440K | $518K | +17.7% |
| Belle Isle | $555K | $620K | +11.7% |
| Orlando | $375K | $392.3K | +4.6% |
Housing Supply in Belle Isle, FL
How many homes are available in Belle Isle, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 31 | -18.4% |
Summary: The Belle Isle real estate market had 31 homes for sale in October 2024, a 18.4% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 18 | 15 | -16.7% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Belle Isle 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 1 | -91.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belle Isle, 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 Belle Isle in October 2024, down by 91.7% month-over-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 Belle Isle, FL
How long does it take to sell a home in Belle Isle, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 5 Days | -77.8% |
Summary: Homes in Belle Isle had an average of 5 days on market in Oct 2024, down by 77.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belle Isle are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Belle Isle; 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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