Is The Isles at Bayshore, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Isles at Bayshore is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, The Isles at Bayshore was a Seller's Market.

Key Takeaway

The Isles at Bayshore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in The Isles at Bayshore, FL

How much do homes in The Isles at Bayshore, FL cost?

Median Sold Price

$430,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,000(+4.1%)

Key Takeaway

Homes in The Isles at Bayshore have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in The Isles at Bayshore was $430,000 in October 2024, up 4.1% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $265K$325.5K
+22.8%
3 $405K$420K
+3.7%
4 $555K$492K
-11.4%
5+ $599.5K$675K
+12.6%

Summary: The Isles at Bayshore housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes increased by 12.6%.

Median Sold Price Compared To Nearby Neighborhoods

Lakes by the Bay
+6.4%
The Isles at Bayshore
+4.1%

Housing Supply in The Isles at Bayshore, FL

How many homes are available in The Isles at Bayshore, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3336+9.1%

Summary: The The Isles at Bayshore real estate market had 36 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1718
+5.9%
4 68
+33.3%
5+ 34
+33.3%

Summary: The The Isles at Bayshore housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 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 The Isles at Bayshore, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in The Isles at Bayshore in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for The Isles at Bayshore, FL

How long does it take to sell a home in The Isles at Bayshore, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days33 Days+27.8%

Summary: Homes in The Isles at Bayshore had an average of 33 days on market in Oct 2024, up by 27.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in The Isles at Bayshore are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in The Isles at Bayshore; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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