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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bithlo is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bithlo, FL

How much do homes in Bithlo, FL cost?

Median Sold Price

$481,750

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$58,000(+13.7%)

Key Takeaway

Homes in Bithlo have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Bithlo was $481,750 in October 2024, up 13.7% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $179.9K$175K
-2.7%
3 $270K$360K
+33.3%
4 $539.9K$500K
-7.4%
5+ $640.3K$615K
-4.0%

Summary: Bithlo 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 decreased by 2.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 4%.

Median Sold Price Compared To Nearby Neighborhoods

Bithlo
+13.7%
Alafaya
+5.8%

Housing Supply in Bithlo, FL

How many homes are available in Bithlo, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2732+18.5%

Summary: The Bithlo real estate market had 32 homes for sale in October 2024, a 18.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 56
+20.0%
4 1417
+21.4%
5+ 89
+12.5%

Summary: The Bithlo 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

4 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 Bithlo, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Bithlo in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Bithlo, FL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days59 Days+167.4%

Summary: Homes in Bithlo had an average of 59 days on market in Oct 2024, up by 167.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Bithlo; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

Newest Listings in Bithlo, FL

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