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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Beach is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in North Beach, FL

How much do homes in North Beach, FL cost?

Median Sold Price

$388,250

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$38,250(+10.9%)

Key Takeaway

Homes in North Beach have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in North Beach was $388,250 in November 2024, up 10.9% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $217.5K$229.7K
+5.6%
3 $350K$375K
+7.1%
4 $540K$489K
-9.4%
5+ $1.4M$2.5M
+77.9%

Summary: North Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 77.9%.

Housing Supply in North Beach, FL

How many homes are available in North Beach, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3938-2.6%

Summary: The North Beach real estate market had 38 homes for sale in November 2024, a 2.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1011
+10.0%
3 1719
+11.8%
4 128
-33.3%
5+ 00
0.0%

Summary: The North Beach 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 increased by 10%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 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 North Beach, 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 Beach in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for North Beach, FL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days95 Days+38.5%

Summary: Homes in North Beach had an average of 95 days on market in Nov 2024, up by 38.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in North Beach; 20% of homes were sold within 30 days, 40% 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 3 Days Ago

Newest Listings in North Beach, FL

Nearby Markets to North Beach, FL