Michelle Paez, Listing Office: SILVER DOOR REALTY LLC
Madeira Beach Housing Market Report December 2024•Pinellas County, Florida
Housing Prices in Madeira Beach, FL
How much do homes in Madeira Beach, FL cost?
Housing Market Conditions
Is Madeira Beach, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Madeira Beach is a Neutral Market
Difference Since December 2023
At the same time last year, Madeira Beach was a Buyer's Market.
Madeira Beach is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Madeira Beach have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Madeira Beach was $777,500 in December 2024, up 6.2% from last year, and the median price per square foot was $599.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Redington Beach | $796.2K | $905K | +13.7% |
Boca Ciega | $452.7K | $495.8K | +9.5% |
Seminole | $389.3K | $423.6K | +8.8% |
Madeira Beach | $732K | $777.5K | +6.2% |
Treasure Island | $728.5K | $750K | +3.0% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $409K | $352.5K | -13.8% |
22 Bedrooms | $663.7K | $660K | -0.6% |
33 Bedrooms | $980K | $1.0M | +5.9% |
44 Bedrooms | $1.2M | $1.6M | +34.4% |
55+ Bedrooms | $2.8M | - | N/A |
Summary: Madeira Beach housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -13.8%. The home price for 2 bedroom homes decreased by -0.6%. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes increased by +34.4%. The home price for 5 bedroom homes did not change.
Housing supply in Madeira Beach, FL
How many homes are available in Madeira Beach, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
140Last MonthDec 2024 | ||
1262 months agoNov 2024 | +11.1 % Change MoMNov – Dec |
Summary: The Madeira Beach real estate market had 140 homes for sale in Dec 2024, a 11.1 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
20Last MonthDec 2024 | ||
122 months agoNov 2024 | +66.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 12 | 14 | +16.7% |
22 Bedrooms | 51 | 56 | +9.8% |
33 Bedrooms | 53 | 56 | +5.7% |
44 Bedrooms | 8 | 10 | +25.0% |
55+ Bedrooms | 2 | 4 | +100.0% |
Summary: Madeira Beach housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +16.7%. The inventory for 2 bedroom homes increased by +9.8%. The inventory for 3 bedroom homes increased by +5.7%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Madeira Beach, FL cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price18 Homes
If you're buying a home in Madeira Beach, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Madeira Beach in December 2024, up by 66.7% month-over-month. Of the 20 sold homes, 90% were sold under asking, 10% were sold at asking, and and 0% were sold over asking.
Days on Market for Madeira Beach, FL
How long does it take to sell a home in Madeira Beach, FL?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days3 Homes
Over 90 Days5 Homes
Many homes in Madeira Beach are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 20 homes were sold in Madeira Beach; 60% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
74 DaysThis YearDec 2024 | ||
35 Days1 year agoDec 2023 | +111.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Madeira Beach had an average listing age of 74 days in Dec 2024, up by 111.4% compared to the previous year.
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Newest Listings in Madeira Beach, FL
What homes are available in Madeira Beach, FL?
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MLS Disclaimers and Copyright
Based on information from Stellar MLS, for the period 01/01/2023 - 01/01/2025
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 10:49:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.