$2,636 Closing Credit*
$222,000
910 SqFt
2 Beds
•2 Full Baths
Louise Barrette, Listing Office: Keystone Realty Group, Inc
Is Briar Bay, 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, Briar Bay has remained a Seller's Market.
Key Takeaway
Briar Bay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Briar Bay, FL
How much do homes in Briar Bay, FL cost?
Median Sold Price
$400,000
$247/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Briar Bay has remained the same since last year.
Summary: The median home sold price in Briar Bay was $400,000 in November 2024, the same as last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $228K | $220K | -3.5% |
| 3 Bedrooms | $400K | $400K | 0.0% |
| 4 Bedrooms | $565K | $582.5K | +3.1% |
| 5+ Bedrooms | $685K | $700K | +2.2% |
Summary: Briar Bay 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 3.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 2.2%.
Housing Supply in Briar Bay, FL
How many homes are available in Briar Bay, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Summary: The Briar Bay real estate market had 22 homes for sale in November 2024, a 8.3% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The Briar Bay 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Briar Bay, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Briar Bay in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Briar Bay, FL
How long does it take to sell a home in Briar Bay, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 72 Days | +165.7% |
Summary: Homes in Briar Bay had an average of 72 days on market in Nov 2024, up by 165.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Briar Bay are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Briar Bay; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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