Welcome to beycome By Owner City Data
As the fastest-growing For Sale by Owner (FSBO) and For Rent by Owner (FRBO) real estate company, we’ve been able to collect and analyze the most important, and relevant, housing data for homeowners, buyers, and renters. These data points are to be used as an additional research tool for those currently in the home shopping bubble. The FRBO and FSBO market trends provided may highlight the growing shift towards By Owner real estate - the concept which saves those involved in a home sales transaction up to 6% in commission savings (10% if you’re in a rental transaction).
beycome uses housing data from more than 6,000 listed and closed FSBO properties, from the year 2016 to present-day.
Data & Trend Analysis for FSBO, FRBO Properties
Our compiled data is meant to be interactive and dynamic for homeowners and homebuyers/renters to review and analyze, in hopes that it provides more information for their real estate journey.
*Data source: beycome.com, listed and closed FSBO/FRBO properties in the State of Florida
Number of Listed & Closed Properties, by Month
The number of listed properties represents the total number of FRBO and/or FSBO homes that were listed for sale or for rent in a given month. This data gives homeowners an idea of the most competitive months for listing a home. It also gives homebuyers (renters) an idea during which months of the year might be best for negotiation (due to the amount of homes becoming available).
The number of closed properties represents the number of FRBO and/or FSBO homes that successfully sold or rented in a given month. This data gives homeowners, buyers, and renters an idea of the months where buyer/renters may have been more likely to close a deal.
Average Property Listing Price by Month
A property listing price is the homeowner’s full asking amount for their home. In rentals, this is typically presented to prospects in a “per month” value (for example: $2,000/month, as opposed to $24,000/year). Similar to traditional real estate agents, FRBO and FSBO properties set their listing price within 10% of the current market competition (average closing price) for their particular city, town, or neighborhood. This does not necessarily mean that a property will sell for its property listing price, as offers and final closings can be far below or above the asking.
Average Property Closing Price by Month
A property closing price is the final price at which a home seller (or landlord) and their respective buyer (or renter) settled on. These final prices do not reflect the total amount of closing costs that may be involved in a home transaction (ie. title costs, legal costs, etc); the closing price listed represents the final amount on the home’s price tag. A property’s final cost may be far below or above the home’s initial asking price, but is typically in adherence to similar properties in a particular area (regardless if they closed as FSBO, FRBO, or traditional).
Sale-to-List Ratio by Month & FRBO / FSBO Listings by State
A sale-to-list ratio is the ratio of a property’s closing (sold or rented) price to its listing (asking) price. This is represented in a percentage, by dividing what the buyer or renter paid for the home with what the homeowner initially asked for. If the percentage is above 100%, the property sold for more than the ask. If the sale-to-list percentage is less than 100%, the property sold for less than asking, however, it gives prospects an idea as to how close to asking the property sold (or rented) for. An example: a 98.5% sale-to-list ratio on a $100,000 home means that the home closed for $98,500.
The FRBO / FSBO Listings by State are based off the total number of For Sale by Owner and For Rent by Owner properties that were listed on beycome.com.