$8,728 Closing Credit*
$735,000
1,979 SqFt
3 Beds
•3 Full Baths
Melissa Csank, Listing Office: GULF TO BAY SOTHEBY'S INTERNAT
Is Grove City-Rotonda, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Grove City-Rotonda was a Seller's Market.
Key Takeaway
Grove City-Rotonda is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Grove City-Rotonda, FL
How much do homes in Grove City-Rotonda, FL cost?
Median Sold Price
$380,008
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,926(-2.5%)
Key Takeaway
Homes in Grove City-Rotonda have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in Grove City-Rotonda was $380,008 in October 2024, down 2.5% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $181K | $275K | +51.9% |
| 2 Bedrooms | $275K | $279.1K | +1.5% |
| 3 Bedrooms | $432K | $411K | -4.9% |
| 4 Bedrooms | $421.1K | $400K | -5.0% |
| 5+ Bedrooms | $562.1K | $560K | -0.4% |
Summary: Grove City-Rotonda housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.9%, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Placida | $817.5K | $832.7K | +1.9% |
| Englewood | $369.9K | $373.6K | +1.0% |
| Grove City-Rotonda | $389.9K | $380K | -2.5% |
| Rotonda West | $435K | $402K | -7.6% |
Housing Supply in Grove City-Rotonda, FL
How many homes are available in Grove City-Rotonda, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,099 | 1,159 | +5.5% |
Summary: The Grove City-Rotonda real estate market had 1,159 homes for sale in October 2024, a 5.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 21 | +10.5% |
| 2 Bedrooms | 220 | 224 | +1.8% |
| 3 Bedrooms | 647 | 695 | +7.4% |
| 4 Bedrooms | 184 | 192 | +4.3% |
| 5+ Bedrooms | 29 | 27 | -6.9% |
Summary: The Grove City-Rotonda housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 6.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 94 | 85 | -9.6% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grove City-Rotonda, you may be able to get a good deal. 68.2% of homes here sold below asking price last month.
Summary: A total of 85 homes were sold or pending in Grove City-Rotonda in October 2024, down by 9.6% month-over-month. Of the 85 sold homes, 68% were sold under asking, 21% were sold at asking, and 11% were sold over asking.
Days on Market for Grove City-Rotonda, FL
How long does it take to sell a home in Grove City-Rotonda, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 68 Days | 81 Days | +18.7% |
Summary: Homes in Grove City-Rotonda had an average of 81 days on market in Oct 2024, up by 18.7% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grove City-Rotonda are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 85 homes were sold in Grove City-Rotonda; 38% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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