$3,370,000
2,696 SqFt
4 Beds
•4 Full Baths
Maria Pilar Lecha Puig, Listing Office: EXP Realty LLC
Is Morningside / Bay Shore, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Morningside / Bay Shore has remained a Buyer's Market.
Key Takeaway
Morningside / Bay Shore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Morningside / Bay Shore, FL
How much do homes in Morningside / Bay Shore, FL cost?
Median Sold Price
$1,450,000
$1,028/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$351,500(+32.0%)
Key Takeaway
Homes in Morningside / Bay Shore have sold for 32% more than they did a month ago.
Summary: The median home sold price in Morningside / Bay Shore was $1,450,000 in October 2024, up 32% from last month, and the median price per square foot was $1,028.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $347K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $1.8M | $1.4M | -21.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Morningside / Bay Shore 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 decreased by 21.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Morningside / Bay Shore, FL
How many homes are available in Morningside / Bay Shore, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 21 | +23.5% |
Summary: The Morningside / Bay Shore real estate market had 21 homes for sale in October 2024, a 23.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Morningside / Bay Shore housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 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 Morningside / Bay Shore, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Morningside / Bay Shore in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Morningside / Bay Shore, FL
How long does it take to sell a home in Morningside / Bay Shore, FL?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 15 Days | -26.8% |
Summary: Homes in Morningside / Bay Shore had an average of 15 days on market in Oct 2024, down by 26.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Morningside / Bay Shore are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Morningside / Bay Shore; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.