$180,000
2.47 Acres
Land
Megan Steinmetz, Listing Office: M & N HOLLOWAY
Is Bithlo, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$505,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$109,000(+27.5%)
Key Takeaway
Homes in Bithlo have sold for 27.5% more than they did a year ago.
Summary: The median home sold price in Bithlo was $505,000 in November 2024, up 27.5% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.9K | $120.7K | -32.9% |
| 3 Bedrooms | $286K | $362.5K | +26.7% |
| 4 Bedrooms | $515K | $500K | -2.9% |
| 5+ Bedrooms | $640.3K | $636K | -0.7% |
Summary: Bithlo 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 decreased by 32.9%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Bithlo | $396K | $505K | +27.5% |
| Alafaya | $435K | $462K | +6.2% |
Housing Supply in Bithlo, FL
How many homes are available in Bithlo, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 28 | -9.7% |
Summary: The Bithlo real estate market had 28 homes for sale in November 2024, a 9.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Bithlo 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bithlo, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Bithlo in November 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 40 Days | +85.2% |
Summary: Homes in Bithlo had an average of 40 days on market in Nov 2024, up by 85.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bithlo has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Bithlo; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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