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 November 2023

Since last year, 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

$650,000

$499/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+6.6%)

Key Takeaway

Homes in Long Beach Resort have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Long Beach Resort was $650,000 in November 2024, up 6.6% from last year, and the median price per square foot was $499.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $422.5K$400K
-5.3%
2 $565K$490K
-13.3%
3 $713K$672.5K
-5.7%
4 $826.5K$825K
-0.2%
5+ --
N/A

Summary: Long Beach Resort housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.3%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 0.2%, 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

Oct 2024Nov 2024CHANGE
4241-2.4%

Summary: The Long Beach Resort real estate market had 41 homes for sale in November 2024, a 2.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1010
0.0%
2 1513
-13.3%
3 1113
+18.2%
4 65
-16.7%
5+ 00
0.0%

Summary: The Long Beach Resort 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 decreased by 13.3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was 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 Long Beach Resort, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Long Beach Resort in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
139 Days64 Days-54.0%

Summary: Homes in Long Beach Resort had an average of 64 days on market in Nov 2024, down by 54% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Long Beach Resort has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Long Beach Resort; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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

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