Is Bradenton Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bradenton Beach is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Bradenton Beach, FL

How much do homes in Bradenton Beach, FL cost?

Median Sold Price

$759,000

$590/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$141,500(+22.9%)

Key Takeaway

Homes in Bradenton Beach have sold for 22.9% more than they did a year ago.

Summary: The median home sold price in Bradenton Beach was $759,000 in November 2024, up 22.9% from last year, and the median price per square foot was $590.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $440K$368K
-16.4%
2 $645K$630K
-2.3%
3 $1.3M$1.2M
-12.1%
4 $1.9M$2.0M
+1.3%
5+ -$3.2M
N/A

Summary: Bradenton Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.4%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bradenton Beach
+22.9%
Longboat Key
+6.0%
Holmes Beach
+2.5%

Housing Supply in Bradenton Beach, FL

How many homes are available in Bradenton Beach, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2228+27.3%

Summary: The Bradenton Beach real estate market had 28 homes for sale in November 2024, a 27.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 24
+100.0%
2 1114
+27.3%
3 33
0.0%
4 11
0.0%
5+ 56
+20.0%

Summary: The Bradenton Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bradenton Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Bradenton Beach in November 2024, up by 100.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bradenton Beach, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
59 Days77 Days+30.8%

Summary: Homes in Bradenton Beach had an average of 77 days on market in Nov 2024, up by 30.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Bradenton Beach; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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

Newest Listings in Bradenton Beach, FL

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