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 neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Bird Drive Basin is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bird Drive Basin, FL

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

Median Sold Price

$637,250

$340/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$69,083(+12.2%)

Key Takeaway

Homes in Bird Drive Basin have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Bird Drive Basin was $637,250 in October 2024, up 12.2% from last year, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $215K$229K
+6.5%
2 $270K$301.5K
+11.7%
3 $525K$580K
+10.5%
4 $685K$735K
+7.3%
5+ $815.5K$899.9K
+10.4%

Summary: Bird Drive Basin housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 10.4%.

Housing Supply in Bird Drive Basin, FL

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3053050.0%

Summary: The Bird Drive Basin real estate market had 305 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 6666
0.0%
3 9891
-7.1%
4 9692
-4.2%
5+ 3949
+25.6%

Summary: The Bird Drive Basin housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 25.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5449-9.3%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

6 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. 59.2% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in Bird Drive Basin in October 2024, down by 9.3% month-over-month. Of the 49 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% 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

Oct 2023Oct 2024CHANGE
30 Days48 Days+56.8%

Summary: Homes in Bird Drive Basin had an average of 48 days on market in Oct 2024, up by 56.8% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

9 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 October 2024, 49 homes were sold in Bird Drive Basin; 49% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 18% 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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