$3,432 Closing Credit*
$289,000
879 SqFt
2 Beds
•1 Full Bath
Holly Frandeka, Listing Office: CHARLES RUTENBERG REALTY INC
Is Downtown Largo, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Downtown Largo was a Seller's Market.
Key Takeaway
Downtown Largo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Downtown Largo, FL
How much do homes in Downtown Largo, FL cost?
Median Sold Price
$350,000
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,000(-1.1%)
Key Takeaway
Homes in Downtown Largo have sold for 1.1% less than they did a year ago.
Summary: The median home sold price in Downtown Largo was $350,000 in November 2024, down 1.1% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $119K | -4.8% |
| 2 Bedrooms | $315K | $290K | -7.9% |
| 3 Bedrooms | $415K | $410K | -1.2% |
| 4 Bedrooms | $485K | $486K | 0.2% |
| 5+ Bedrooms | $488K | - | N/A |
Summary: Downtown Largo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Downtown Largo | $354K | $350K | -1.1% |
| East Bay Country Club | $330K | $309K | -6.4% |
Housing Supply in Downtown Largo, FL
How many homes are available in Downtown Largo, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 60 | +9.1% |
Summary: The Downtown Largo real estate market had 60 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 10 | +11.1% |
| 2 Bedrooms | 27 | 29 | +7.4% |
| 3 Bedrooms | 13 | 15 | +15.4% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Downtown Largo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown Largo, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Downtown Largo in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Downtown Largo, FL
How long does it take to sell a home in Downtown Largo, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 50 Days | +196.1% |
Summary: Homes in Downtown Largo had an average of 50 days on market in Nov 2024, up by 196.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Downtown Largo has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Downtown Largo; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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