Bellair-Meadowbrook Terrace, FL
Housing market overview · Updated weekly
$245,998median sale price
Homes sold
22
Last 12 weeks
Days on market
80
Average pace
Active listings
32
1.5 months supply
Sale-to-list
96.4%
Below asking
Bellair-Meadowbrook Terrace, FL housing market analysis
The Bellair-Meadowbrook Terrace housing market is currently classified as a seller's market with a median sale price of $245,998. Prices have decreased 12.1% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Bellair-Meadowbrook Terrace spend an average of 80 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 1.5 months of supply, inventory in Bellair-Meadowbrook Terrace is tight. A balanced market typically has 4–6 months of supply, so the current level strongly favors sellers. Buyers should expect competitive bidding situations and may need to make offers quickly, sometimes above asking price, to secure a home. The average sale-to-list price ratio stands at 96.4%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 32 active listings in Bellair-Meadowbrook Terrace, providing a very limited selection that intensifies competition among buyers. New listings coming to market totaled 5 in the most recent period, which suggests slower turnover with fewer new options entering the pipeline. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Bellair-Meadowbrook Terrace as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Bellair-Meadowbrook Terrace with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
Market trends
Zip codes in Bellair-Meadowbrook Terrace, FL
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Frequently asked questions
What is the average home price in Bellair-Meadowbrook Terrace?
The median home sale price in Bellair-Meadowbrook Terrace is $245,998, down 12.1% from last year.
How long do homes stay on market in Bellair-Meadowbrook Terrace?
Homes typically spend 80 days on market before going under contract.
Is Bellair-Meadowbrook Terrace a buyer's or seller's market?
With 1.5 months of supply, Bellair-Meadowbrook Terrace is currently a seller's market.
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