$6,044 Closing Credit*
$509,000
619 SqFt
1 Bed
•1 Full Bath
Thomas Grimshaw, Listing Office: Compass Florida, LLC.
Is North Shore, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, North Shore was a Neutral Market.
Key Takeaway
North Shore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Shore, FL
How much do homes in North Shore, FL cost?
Median Sold Price
$559,333
$501/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$99,333(+21.6%)
Key Takeaway
Homes in North Shore have sold for 21.6% more than they did a year ago.
Summary: The median home sold price in North Shore was $559,333 in October 2024, up 21.6% from last year, and the median price per square foot was $501.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $343.5K | +9.0% |
| 2 Bedrooms | $735K | $660K | -10.2% |
| 3 Bedrooms | $1.3M | $2.0M | +53.0% |
| 4 Bedrooms | $3.9M | $3.8M | -3.6% |
| 5+ Bedrooms | $13.4M | $3.6M | -72.9% |
Summary: North Shore housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes decreased by 10.2%, 3 bedroom homes increased by 53%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 72.9%.
Housing Supply in North Shore, FL
How many homes are available in North Shore, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 204 | 234 | +14.7% |
Summary: The North Shore real estate market had 234 homes for sale in October 2024, a 14.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 98 | 113 | +15.3% |
| 2 Bedrooms | 81 | 93 | +14.8% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The North Shore housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.3%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
9 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 North Shore, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in North Shore in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.
Days on Market for North Shore, FL
How long does it take to sell a home in North Shore, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 148 Days | +171.6% |
Summary: Homes in North Shore had an average of 148 days on market in Oct 2024, up by 171.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Shore are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in North Shore; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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.