Is Holmes 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, Holmes Beach was a Seller's Market.
Key Takeaway
Holmes Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Holmes Beach, FL
How much do homes in Holmes Beach, FL cost?
Median Sold Price
$935,000
$696/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Holmes Beach have sold for 11.8% less than they did a year ago.
Summary: The median home sold price in Holmes Beach was $935,000 in May 2024, down 11.8% from last year, and the median price per square foot was $696.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $510K | N/A |
| 2 Bedrooms | $799K | $835K | +4.5% |
| 3 Bedrooms | $1.4M | $1.3M | -11.4% |
| 4 Bedrooms | $2.2M | $640.9K | -70.9% |
| 5+ Bedrooms | $2.1M | $2.7M | +26.8% |
Summary: Holmes Beach 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 increased by 4.5%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 70.9%, and 5+ bedroom homes increased by 26.8%.
Median Sold Price Compared To Nearby Cities
| Bradenton Beach | $660K | $755K | +14.4% |
| Anna Maria | $2.2M | $2.5M | +11.4% |
| Holmes Beach | $1.0M | $935K | -11.8% |
Housing Supply in Holmes Beach, FL
How many homes are available in Holmes Beach, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 186 | 174 | -6.5% |
Summary: The Holmes Beach real estate market had 174 homes for sale in May 2024, a 6.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 51 | 53 | +3.9% |
| 3 Bedrooms | 64 | 62 | -3.1% |
| 4 Bedrooms | 50 | 36 | -28.0% |
| 5+ Bedrooms | 16 | 18 | +12.5% |
Summary: The Holmes Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 28%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 16 | -40.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Holmes Beach, you may be able to get a good deal. 93.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Holmes Beach in May 2024, down by 40.7% month-over-month. Of the 16 sold homes, 94% were sold under asking, 0% were sold at asking, and 6% were sold over asking.
Days on Market for Holmes Beach, FL
How long does it take to sell a home in Holmes Beach, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 80 Days | 91 Days | +12.9% |
Summary: Homes in Holmes Beach had an average of 91 days on market in May 2024, up by 12.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Holmes Beach are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 16 homes were sold in Holmes Beach; 25% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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