Is Belleview, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Belleview has remained a Seller's Market.
Key Takeaway
Belleview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belleview, FL
How much do homes in Belleview, FL cost?
Median Sold Price
$262,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Belleview have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Belleview was $262,000 in May 2024, up 11.1% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | - | N/A |
| 2 Bedrooms | $165.5K | $165K | -0.3% |
| 3 Bedrooms | $229.9K | $255K | +10.9% |
| 4 Bedrooms | $306.9K | $294.9K | -3.9% |
| 5+ Bedrooms | $347.4K | $337.9K | -2.7% |
Summary: Belleview housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 2.7%.
Housing Supply in Belleview, FL
How many homes are available in Belleview, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 181 | 166 | -8.3% |
Summary: The Belleview real estate market had 166 homes for sale in May 2024, a 8.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 23 | 20 | -13.0% |
| 3 Bedrooms | 98 | 82 | -16.3% |
| 4 Bedrooms | 48 | 51 | +6.3% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Belleview housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 39 | +25.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belleview, you may be able to get a good deal. 48.7% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Belleview in May 2024, up by 25.8% month-over-month. Of the 39 sold homes, 49% were sold under asking, 36% were sold at asking, and 15% were sold over asking.
Days on Market for Belleview, FL
How long does it take to sell a home in Belleview, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 53 Days | 68 Days | +28.3% |
Summary: Homes in Belleview had an average of 68 days on market in May 2024, up by 28.3% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Belleview are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 39 homes were sold in Belleview; 44% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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