Is Bradenton Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bradenton Beach was a Seller's Market.
Housing Prices in Bradenton Beach, FL
How much do homes in Bradenton Beach, FL cost?
Median Sold Price
$755,000
$618/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bradenton Beach was $755,000 in May 2024, up 14.4% from last year, and the median price per square foot was $618.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $450K | $376.5K | -16.3% |
2 Bedrooms | $690K | $635K | -8.0% |
3 Bedrooms | $1.3M | $1.3M | -4.4% |
4 Bedrooms | $2.1M | - | N/A |
5+ Bedrooms | - | $3.6M | N/A |
Summary: Bradenton Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.3%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Bradenton Beach | $660K | $755K | +14.4% |
Longboat Key | $1.1M | $1.1M | -1.7% |
Holmes Beach | $1.0M | $935K | -11.8% |
Housing Supply in Bradenton Beach, FL
How many homes are available in Bradenton Beach, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 51 | +4.1% |
Summary: The Bradenton Beach real estate market had 51 homes for sale in May 2024, a 4.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 8 | +14.3% |
2 Bedrooms | 25 | 28 | +12.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Bradenton Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 12%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Bradenton Beach in May 2024, up by 75.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bradenton Beach, FL
How long does it take to sell a home in Bradenton Beach, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
121 Days | 58 Days | -51.7% |
Summary: Homes in Bradenton Beach had an average of 58 days on market in May 2024, down by 51.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Bradenton Beach; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.