Is Belle Glade-Pahokee, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Belle Glade-Pahokee has remained a Seller's Market.
Housing Prices in Belle Glade-Pahokee, FL
How much do homes in Belle Glade-Pahokee, FL cost?
Median Sold Price
$204,900
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Belle Glade-Pahokee was $204,900 in May 2024, down 4.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150K | $117.5K | -21.7% |
3 Bedrooms | $215K | $191K | -11.2% |
4 Bedrooms | $229.5K | $275K | +19.8% |
5+ Bedrooms | $390K | $325K | -16.7% |
Summary: Belle Glade-Pahokee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.7%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes decreased by 16.7%.
Median Sold Price Compared To Nearby Cities
Belle Glade-Pahokee | $215K | $204.9K | -4.7% |
Pahokee | $210K | $96K | -54.3% |
Housing Supply in Belle Glade-Pahokee, FL
How many homes are available in Belle Glade-Pahokee, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 33 | +13.8% |
Summary: The Belle Glade-Pahokee real estate market had 33 homes for sale in May 2024, a 13.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 7 | 4 | -42.9% |
3 Bedrooms | 18 | 24 | +33.3% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Belle Glade-Pahokee housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Belle Glade-Pahokee in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Belle Glade-Pahokee, FL
How long does it take to sell a home in Belle Glade-Pahokee, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 19 Days | +9.5% |
Summary: Homes in Belle Glade-Pahokee had an average of 19 days on market in May 2024, up by 9.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Belle Glade-Pahokee; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.