Is Bird Drive Basin, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bird Drive Basin is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Bird Drive Basin was a Seller's Market.

Key Takeaway

Bird Drive Basin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bird Drive Basin, FL

How much do homes in Bird Drive Basin, FL cost?

Median Sold Price

$639,962

$338/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$67,162(+11.7%)

Key Takeaway

Homes in Bird Drive Basin have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Bird Drive Basin was $639,962 in November 2024, up 11.7% from last year, and the median price per square foot was $338.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $215K$232.5K
+8.1%
2 $280K$300K
+7.1%
3 $525K$590K
+12.4%
4 $685K$735K
+7.3%
5+ $825K$893.5K
+8.3%

Summary: Bird Drive Basin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.1%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 8.3%.

Housing Supply in Bird Drive Basin, FL

How many homes are available in Bird Drive Basin, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
278281+1.1%

Summary: The Bird Drive Basin real estate market had 281 homes for sale in November 2024, a 1.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 67
+16.7%
2 5652
-7.1%
3 8477
-8.3%
4 8997
+9.0%
5+ 4348
+11.6%

Summary: The Bird Drive Basin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 11.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5937-37.3%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bird Drive Basin, you may be able to get a good deal. 73% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in Bird Drive Basin in November 2024, down by 37.3% month-over-month. Of the 37 sold homes, 73% were sold under asking, 19% were sold at asking, and 8% were sold over asking.

Days on Market for Bird Drive Basin, FL

How long does it take to sell a home in Bird Drive Basin, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days56 Days+44.6%

Summary: Homes in Bird Drive Basin had an average of 56 days on market in Nov 2024, up by 44.6% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 37 homes were sold in Bird Drive Basin; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 19% 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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