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 November 2023

At the same time last year, Belleair was a Neutral 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

$402/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$153,500(+26.9%)

Key Takeaway

Homes in Belleair have sold for 26.9% more than they did a year ago.

Summary: The median home sold price in Belleair was $725,000 in November 2024, up 26.9% from last year, and the median price per square foot was $402.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $259K-
N/A
2 $413.5K$550K
+33.0%
3 $670K$900K
+34.3%
4 $1.0M$1.6M
+65.0%
5+ $2.5M$2.0M
-16.5%

Summary: Belleair 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 33%, 3 bedroom homes increased by 34.3%, 4 bedroom homes increased by 65%, and 5+ bedroom homes decreased by 16.5%.

Median Sold Price Compared To Nearby Cities

Belleair
+26.9%
Belleair Bluffs
+9.7%
Largo
+4.5%
Clearwater
+2.6%
Clearwater Beach
-6.8%

Housing Supply in Belleair, FL

How many homes are available in Belleair, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7077+10.0%

Summary: The Belleair real estate market had 77 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 3637
+2.8%
3 2229
+31.8%
4 64
-33.3%
5+ 45
+25.0%

Summary: The Belleair 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 increased by 2.8%, 3 bedroom homes increased by 31.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Belleair in November 2024, up by 8.3% month-over-month. Of the 13 sold homes, 69% were sold under asking, 8% were sold at asking, and 23% 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

Nov 2023Nov 2024CHANGE
45 Days119 Days+164.3%

Summary: Homes in Belleair had an average of 119 days on market in Nov 2024, up by 164.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Belleair are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 13 homes were sold in Belleair; 46% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 38% 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 17 Days Ago

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