$3,100,000
0.25 Acres
Land
Vanessa Frank PA, Listing Office: One Sotheby's International Realty
Is Normandy Beach, 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, Normandy Beach has remained a Buyer's Market.
Key Takeaway
Normandy Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Normandy Beach, FL
How much do homes in Normandy Beach, FL cost?
Median Sold Price
$1,315,000
$833/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$68,500(+5.5%)
Key Takeaway
Homes in Normandy Beach have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Normandy Beach was $1,315,000 in November 2024, up 5.5% from last year, and the median price per square foot was $833.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $443.5K | $499K | +12.5% |
| 2 Bedrooms | $775K | $1.1M | +51.6% |
| 3 Bedrooms | $1.3M | $1.4M | +13.8% |
| 4 Bedrooms | $6.6M | $2.9M | -56.0% |
| 5+ Bedrooms | $8.7M | - | N/A |
Summary: Normandy Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 51.6%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 56%, and 5+ bedroom homes did not change.
Housing Supply in Normandy Beach, FL
How many homes are available in Normandy Beach, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 42 | +31.3% |
Summary: The Normandy Beach real estate market had 42 homes for sale in November 2024, a 31.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Normandy Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Normandy Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Normandy Beach in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Normandy Beach, FL
How long does it take to sell a home in Normandy Beach, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 87 Days | +38.9% |
Summary: Homes in Normandy Beach had an average of 87 days on market in Nov 2024, up by 38.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Normandy Beach has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Normandy Beach; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.