Is North Bayfront, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Bayfront is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, North Bayfront was a Seller's Market.

Key Takeaway

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

Housing Prices in North Bayfront, FL

How much do homes in North Bayfront, FL cost?

Median Sold Price

$1,375,000

$686/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$369,500(+36.7%)

Key Takeaway

Homes in North Bayfront have sold for 36.7% more than they did a year ago.

Summary: The median home sold price in North Bayfront was $1,375,000 in December 2024, up 36.7% from last year, and the median price per square foot was $686.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $213K$169K
-20.7%
2 $415K$357K
-14.0%
3 $1.2M$1.4M
+18.8%
4 $1.6M$2.3M
+48.4%
5+ $3.6M$2.6M
-25.6%

Summary: North Bayfront housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.7%, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 48.4%, and 5+ bedroom homes decreased by 25.6%.

Median Sold Price Compared To Nearby Neighborhoods

North Bayfront
+36.7%
Buena Vista
+10.4%
Upper East Side
-8.7%

Housing Supply in North Bayfront, FL

How many homes are available in North Bayfront, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6062+3.3%

Summary: The North Bayfront real estate market had 62 homes for sale in December 2024, a 3.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 44
0.0%
2 1513
-13.3%
3 1919
0.0%
4 812
+50.0%
5+ 1414
0.0%

Summary: The North Bayfront housing inventory by bedroom type for December 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Bayfront, 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 North Bayfront in December 2024, down by 16.7% 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 North Bayfront, FL

How long does it take to sell a home in North Bayfront, FL?

Average Sale Time

Dec 2023Dec 2024CHANGE
70 Days134 Days+91.7%

Summary: Homes in North Bayfront had an average of 134 days on market in Dec 2024, up by 91.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Bayfront are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in North Bayfront; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 7 Days Ago

Newest Listings in North Bayfront, FL

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