Market report, updated

Bay Island Home Values and Market Report

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Report prepared by FloridaCustomHomes.com
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Market at a glance

Over the last 12 months, homes sold for 91.2% of list price in 130 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.32M Sold · $1.2M
$7.9M$5.5M$3.1M$700K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 5 sales in Apr. Last month: 0.

Where the market stands

All homes in this report, by status.

24homes
Active11 · 46%
Under contract1 · 4%
Sold (12 mo)12 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

33.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$7.06M
Under contract$1.9M
Sold$4.04M

Average days on market

Active83 days
Under contract18 days
Sold130 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 11
Average list price $7,063,163
Avg. days on market 83 days
Avg. price per ft² $1,692 Based on 8 of 11 homes
Avg. living area 4,813 ft² Based on 8 of 11 homes
Avg. beds / baths 4.5 / 6.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

3 homes didn’t report living area and aren’t shown.

$30M$20M$10M$0

Price vs. living area: 8 homes plotted, up to $30M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

3 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

546 Freeling Drive$2,871
3799 Flamingo Avenue$2,168
3820 Flamingo Avenue$1,832
3482 Flamingo Avenue$1,595
700 Freeling Drive$1,576
838 Norsota Way$1,396
3607 Flamingo Avenue$1,277

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3482 Flamingo AvenueSiesta Key, FL 34242 674,373$6,975,000$1,5953 days
546 Freeling DriveSiesta Key, FL 34242 574,353$12,500,000$2,8714 days
700 Freeling DriveSiesta Key, FL 34242 465,456$8,600,000$1,5761 day
3607 Flamingo AvenueSiesta Key, FL 34242 343,876$4,950,000$1,27712 days
838 Norsota WaySiesta Key, FL 34242 573,001$4,190,000$1,39622 days
609 Norsota WaySiesta Key, FL 34242 ———$8,500,000—25 days
604 Norsota WaySiesta Key, FL 34242 564,536$3,750,000$82629 days
617 Siesta DriveSiesta Key, FL 34242 ———$849,900—29 days
3799 Flamingo AvenueSiesta Key, FL 34242 468,138$17,650,000$2,168106 days
3473 Hamilton AvenueSiesta Key, FL 34242 ———$979,900—333 days
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