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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Long Beach Resort is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Long Beach Resort has remained a Buyer's Market.

Key Takeaway

Long Beach Resort is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Long Beach Resort, FL

How much do homes in Long Beach Resort, FL cost?

Median Sold Price

$470,000

$480/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$207,500(-30.6%)

Key Takeaway

Homes in Long Beach Resort have sold for 30.6% less than they did a month ago.

Summary: The median home sold price in Long Beach Resort was $470,000 in October 2024, down 30.6% from last month, and the median price per square foot was $480.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$390K
N/A
2 -$470K
N/A
3 $677.5K-
N/A
4 -$845K
N/A
5+ --
N/A

Summary: Long Beach Resort housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Long Beach Resort, FL

How many homes are available in Long Beach Resort, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4342-2.3%

Summary: The Long Beach Resort real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 1616
0.0%
3 1513
-13.3%
4 66
0.0%
5+ 00
0.0%

Summary: The Long Beach Resort 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 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Long Beach Resort, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Long Beach Resort in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Long Beach Resort, FL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
156 Days196 Days+26.0%

Summary: Homes in Long Beach Resort had an average of 196 days on market in Oct 2024, up by 26% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Long Beach Resort are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Long Beach Resort; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

Newest Listings in Long Beach Resort, FL

Nearby Markets to Long Beach Resort, FL