BELLE MEADE RE by miamism

Belle Meade Real Estate – November 2022 – monthly market report

Welcome to our Belle Meade Real Estate monthly market report – we publish these the last week of the month, so come back to see how the market is doing and how it compares to the past year.

How is the Belle Meade Real Estate Market Doing?

There are currently 21 homes for sale in Belle Meade (compared to 8 same month last year):

  • Highest priced listing $24,995,000 for new home under construction at 7235 Belle Meade Blvd with 14,123 Sq. Ft, on 21,675 Sq. Ft. lot with 130′ of water frontage – 9 bedrooms / 9 bathrooms / 2 half-baths ($1770/Sq.Ft.)
  • Lowest priced listing is $899,000 $849,000 $799,000 $789,000 for the 3 bedroom / 3 bathrooms home at 760 NE 75th St with 1,311 Sq.Ft. of living space and 5,900 Sq.Ft. lot ($602/Sq.Ft.)
  • Pending Sales (Properties under contract): 4
  • Median Sales Price in November: no sales (compared to $1,000,000 in November of 2021)
  • Closed sales in November 2022: no sales (compared to 5 in November of 2021)

What is the average price per square foot in Belle Meade?

Belle Meade Waterfront Sales

There were no waterfront homes sold in November this year, the average sold price per square foot in Belle Meade for waterfront homes in November of 2021 was $1,503. Previous months’ averages are as follows:

  • October’s average – $1778 (one sale)
  • September’s average -no sales
  • August’s average – no sales
  • July’s average – $1,324
  • June’s average – $1,228 (one sale)
  • May’s average – $1,156
  • April’s average – $1,688
  • March’s average – no sales
  • February’s average – no sales
  • January’s average $718
  • 2021’s average of $1,060

Belle Meade Non-Waterfront Sales (Dry Lots)

There were no dry lot homes sold in Belle Meade in November, the average sold price per square foot in Belle Meade for homes not on the water in November of 2021 was $645. Previous months’ averages are as follows:

  • October’s average – $742
  • September’s average – no sales
  • August’s average – no sales
  • July’s average $822
  • June’s average $877
  • May’s average $825 (only one sale)
  • April’s average $730
  • March’s average $737
  • February’s average $652
  • January’s average $477
  • 2021’s average of $470

Belle Meade Real Estate Micro-Stats

Feel free to download our complete market report for the last 12 months, showing micro-stats for Real Estate Belle Meade.

Belle Meade Florida Real Estate Market Report by miamism

  • Switch to Buyer’s market with 12 months of inventory (this is due to decrease in sales)
  • Average Sales Price is $2.7 Million
  • Average Discount is 5%
  • Sweet spot in sales: homes between over $2 Million
  • 84.6% of buyers are primary residents

DOWNLOAD BELLE MEADE 3D MARKET REPORT

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