Is Belleair, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belleair is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Belleair has remained a Seller's Market.

Key Takeaway

Belleair is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Belleair, FL

How much do homes in Belleair, FL cost?

Median Sold Price

$725,000

$403/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$175,000(+31.8%)

Key Takeaway

Homes in Belleair have sold for 31.8% more than they did a year ago.

Summary: The median home sold price in Belleair was $725,000 in October 2024, up 31.8% from last year, and the median price per square foot was $403.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $259K-
N/A
2 $420K$547.4K
+30.3%
3 $642K$925K
+44.1%
4 $1.0M$1.7M
+70.0%
5+ $2.8M$2.2M
-20.1%

Summary: Belleair 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 30.3%, 3 bedroom homes increased by 44.1%, 4 bedroom homes increased by 70%, and 5+ bedroom homes decreased by 20.1%.

Median Sold Price Compared To Nearby Cities

Belleair
+31.8%
Belleair Bluffs
+7.2%
Largo
+5.3%
Clearwater
+2.4%
Clearwater Beach
-1.4%

Housing Supply in Belleair, FL

How many homes are available in Belleair, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6070+16.7%

Summary: The Belleair real estate market had 70 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 3337
+12.1%
3 1623
+43.8%
4 55
0.0%
5+ 54
-20.0%

Summary: The Belleair 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 12.1%, 3 bedroom homes increased by 43.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
612+100.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belleair, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Belleair in October 2024, up by 100.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Belleair, FL

How long does it take to sell a home in Belleair, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days88 Days+27.5%

Summary: Homes in Belleair had an average of 88 days on market in Oct 2024, up by 27.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Belleair are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 12 homes were sold in Belleair; 25% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 42% 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 16 Days Ago

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